The Civil Procedure Rules 1998

[F1 Receiver’s remuneration E+W

69.7— (1) A receiver may only charge for his services if the court—

(a) so directs; and

(b) specifies the basis on which the receiver is to be remunerated.

(2) The court may specify—

(a) who is to be responsible for paying the receiver; and

(b) the fund or property from which the receiver is to recover his remuneration.

(3) If the court directs that the amount of a receiver’s remuneration is to be determined by the court—

(a) the receiver may not recover any remuneration for his services without a determination by the court; and

(b) the receiver or any party may apply at any time for such a determination to take place.

(4) Unless the court orders otherwise, in determining the remuneration of a receiver the court shall award such sum as is reasonable and proportionate in all the circumstances and which takes into account—

(a) the time properly given by him and his staff to the receivership;

(b) the complexity of the receivership;

(c) any responsibility of an exceptional kind or degree which falls on the receiver in consequence of the receivership;

(d) the effectiveness with which the receiver appears to be carrying out, or to have carried out, his duties; and

(e) the value and nature of the subject matter of the receivership.

(5) The court may refer the determination of a receiver’s remuneration to a costs judge.]

Textual Amendments

F1 Pt. 69 inserted (2.12.2002) by The Civil Procedure (Amendment) Rules 2002 (S.I. 2002/2058), rule 1(b), Sch. 7