(1) Where the Court appoints a receiver under section 23O, the Court may, by order—
(a) authorize or require the receiver to take steps the Court thinks appropriate in connection with the management of the property, including, securing the detention, custody or preservation of the property;
(b) require a person in respect of whose property the receiver is appointed, where applicable—
(i) to bring the property to a place specified by the receiver or to place it in the custody of the receiver, and
(ii) to do anything he or she is reasonably required to do by the receiver for the preservation of the property,
(iii) to bring a document relating to the property which is in his or her possession or control to a place specified by the receiver or to place the document in the custody of the receiver.
(2) A prohibition, on dealing with or disposing of property, imposed by a property freezing order does not prevent a person from complying with a requirement imposed under this section.
(3) A receiver is not liable with respect to any loss or damage resulting from his or her dealing with or disposing of the property, except so far as the loss or damage is caused by his or her negligence if—
(a) the receiver deals with property which is not property in respect of which he or she is appointed; and
(b) at the time he or she deals with the property he or she believes on reasonable grounds that he or she is entitled to do so by virtue of his or her appointment.
(Inserted by Act 18 of 2023)