Australian Capital Territory Current Regulations Australian Capital Territory Current Regulations(1) If the court appoints a receiver, the receiver must file a security, unless the court otherwise orders.
Note Pt 6.2 (Applications in proceedings) applies to an application for an order under this rule.
(2) The receiver's appointment does not start until the receiver files the security.
(3) If the court directs the appointment of a receiver, a person must not be appointed under the direction until the person has filed a security, unless the court otherwise orders.
(4) A security must—
(a) be approved by the court; and
(b) state that the receiver will account for what is received as receiver, and will deal with what is received as the court directs.
Note See approved form 2.28 (Receiver's security) AF2006-273
.
(5) The court may, at any time, order the amendment or setting aside of a security filed under this rule.