# The Civil Procedure Rules 1998, Rule 69.5: Security


(1) The court may direct that before a receiver begins to act or within a specified time he must either—
(a) give such security as the court may determine; or
(b) file and serve on all parties to the proceedings evidence that he already has in force sufficient security,
to cover his liability for his acts and omissions as a receiver.
(2) The court may terminate the appointment of the receiver if he fails to—
(a) give the security; or
(b) satisfy the court as to the security he has in force,
by the date specified.

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Source: https://www.legislation.gov.uk/uksi/1998/3132/rule/69.5 (the official version)
Page: https://openlegislation.uk/civil-procedure-rules-1998/rule-69.5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.