(1) A receiver must submit accounts to the parties at the intervals or on the dates the court directs.
Note Pt 6.2 (Applications in proceedings) applies to an application for an order under this rule.
(2) On giving reasonable notice to the receiver, a party is entitled to inspect, either personally or by an agent, the documents and things on which the accounts are based.
(3) If a party objects to the receiver's accounts, the party may serve notice on the receiver—
(a) stating the items objected to; and
(b) requiring the receiver to file a copy of the accounts within a stated period of not less than 14 days after the day the notice is served.
(4) The party must file a copy of the notice served.
(5) If a notice is served on the receiver under subrule (3), the receiver must file a copy of the accounts, verified by affidavit, within the time required by the notice.
Note See approved form 2.29 (Receiver's affidavit and account) AF2006-274
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(6) The court may examine the items objected to.
(7) The court must, by order, declare the result of the examination and may make an order for the costs and expenses of a party or the receiver.