101Appointment of receiver

#### 101 Appointment of receiver 101 Appointment of receiver > > (1) The instrument of appointment under section 341 of the Uniform Law of a person as a receiver for a law practice must— > > > > > (a) identify the law practice and the receiver, and > > > > > (b) indicate that the external intervention is by way of appointment of a receiver, and > > > > > (c) specify any conditions imposed by the designated tribunal when the appointment is made, and > > > > > (d) specify any fees payable by way of remuneration to the receiver specifically for carrying out the receiver’s duties in relation to the external intervention, and > > > > > > Note. > > > > > > Paragraph (d) is intended to exclude remuneration payable generally, eg as an employee of the designated local regulatory authority. > > > > > (e) provide for the legal costs and the expenses that may be incurred by the receiver in relation to the external intervention. > > > (2) The instrument of appointment may— > > > > > (a) specify the term (if any) of the appointment, and > > > > > (b) specify any reporting requirements to be observed by the receiver.