Tasmanian Consolidated Regulations

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SUPREME COURT RULES 2000 - REG 448

Security by and allowance to receivers
(1)  Unless otherwise ordered, on the making of an order that a receiver be appointed, the person so appointed –
(a) before acting, is to give security to account and to pay the security as the Court or judge directs; and
(b) is entitled to a proper salary or allowance.
(2)  Subject to rule 449 and any order, the security is to be –
(a) in a form authorised by Division 2 of Part 34 ; or
(b) by recognisance, in accordance with the prescribed form; or
(c) by bond, in accordance with the prescribed form.



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