(1) There shall be paid to every receiver the expenses properly incurred by him or her in the performance of his or her duties and such fees as may be prescribed in respect of such other matters as may be prescribed, and the receiver shall not be entitled to any other remuneration.
(2) A receiver shall, in addition to all other rights and remedies for the recovery of the expenses and fees referred to in subsection (1), have the same rights and remedies in respect thereof as a salvor has in respect of salvage due to him or her and may, if the property in respect of which any such expenses and fees are due is not under arrest in any court, seize or detain the property until his or her expenses and fees are paid, or until security is given therefor to his or her satisfaction.
(3) Whenever any dispute arises as to the amount payable to any receiver in respect of expenses or fees, such dispute shall be determined by the Minister, whose decision shall be final.
(4) All fees received by a receiver in respect of any services performed by him or her shall be accounted for to the Government, and shall be applied in defraying any expenses duly incurred in implementing the provisions of this Part and, subject to such application, shall be paid into the Consolidated Fund.