132Payment of expenses of receivership

132 Payment of expenses of receivership (1) So much of the expenses of a receivership as have not otherwise been paid to the receiver are to be paid to the receiver by the Director from the Fund. (2) An amount paid under this section may be recovered by the Director from the relevant licensee or a relevant associate as a debt. (3) If the Director and a receiver fail to agree on the remuneration to be paid to the receiver, the Supreme Court may, on the application of the Director or the receiver, determine the amount to be paid. (4) The Supreme Court, on the application of the licensee in respect of whose property the receiver was appointed— (a) may re-open any agreement between the Director and a receiver for remuneration of the receiver; and (b) may determine the amount to be paid.