(1) The court may, on
application by a judgment creditor, appoint a receiver for the purpose of
enforcing a judgment.
(2) A receiver may be
appointed even though no other proceedings have been taken for enforcement of
the judgment.
(3) Where a receiver
is appointed, the court may make orders—
(a)
conferring on the receiver powers—
(i)
to take charge of property of the judgment debtor;
(ii)
to dispose of property of the judgment debtor;
(iii)
to divert income (other than income from employment or a
pension) towards satisfaction of the judgment debt;
(iv)
to take charge of, and carry on, a business of the
judgment debtor and apply proceeds from the business towards satisfaction of
the judgment debt;
(v)
to do anything reasonably necessary for, incidental to,
or consequential on, the above; or
(b)
providing for accounts to be rendered by the receiver; or
(c)
providing for the remuneration of the receiver; or
(d)
relating to any other incidental or consequential matter.
(4) A receiver's
powers operate to the exclusion of the judgment debtor's powers.