Northern Territory Consolidated Regulations

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SUPREME COURT RULES 1987 - REG 39.05

Security by receiver

Unless the Court otherwise orders:

        (a)     a receiver shall give security approved by the Court that he will account for what he receives as receiver and deal with it as the Court directs;

        (b)     the security shall be given by guarantee in Form 39A and filed; and

        (c)     the guarantee shall be given by an ADI or an insurer.



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