C2C1C3Part 2Confiscation: England and Wales

Annotations:

Receivers: further provisions

I1C2C161C2C1 Protection

If a receiver appointed under section 48F1or 50

a

takes action in relation to property which is not realisable property,

b

would be entitled to take the action if it were realisable property, and

c

believes on reasonable grounds that he is entitled to take the action,

he is not liable to any person in respect of any loss or damage resulting from the action, except so far as the loss or damage is caused by his negligence.