Section 183: Appointment of receiver
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
183. Appointment of receiver
(1) A receiver—
(a) may be appointed—
(i) under any instrument that confers on a chargee the power
to appoint a receiver; or
(ii) by the Court,
whether or not the person appointed is empowered to sell any of
the property in receivership, but
(b) does not include a mortgagee in possession who personally or as
or through an agent exercises a power to—
(i) receive income from mortgaged property;
(ii) enter into possession or assume control of mortgaged
property; or
(iii) sell or otherwise alienate mortgaged property.
(2) An instrument that creates a charge in respect of property and undertaking of a company may confer on the chargee the power to appoint a receiver or a receiver and manager of the property and undertaking or of that
part which is secured by the charge.