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AI Summary of 443A. Remuneration of receivers

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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 3 December 2024 - onwards
Version 2 of 2

443A. Remuneration of receivers

Subject to section 444, a receiver has an entitlement to remuneration upon the terms agreed, fixed or otherwise set in the manner specified in the instrument under which he or she is appointed and the terms upon which the receiver has, in accordance with that instrument, such an entitlement may be expressed to be -

(a) by way of a relevant percentage,

(b) by reference to time expended in the conduct of the receivership, or

(c) otherwise by reference to any method or thing.

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