SCHEDULES
SCHEDULE 6Powers of interim receiver or administrator
Management
5
(1)
Power to manage any property to which the order applies.
(2)
Managing property includes—
(a)
selling or otherwise disposing of assets comprised in the property which are perishable or which ought to be disposed of before their value diminishes,
(b)
where the property comprises assets of a trade or business, carrying on, or arranging for another to carry on, the trade or business,
(c)
incurring capital expenditure in respect of the property.