# The Insolvency Rules (Northern Ireland) 1991, Rule 6.052: Security


(1) Paragraph (2) and Rule 6.053 apply where an insolvency practitioner is appointed to be interim receiver under Article 259(2).
(2) The cost of providing the security required under the Order shall be paid in the first instance by the interim receiver; but—
(a) if a bankruptcy order is not made, the person so appointed is entitled to be reimbursed out of the property of the debtor, and the court may make an order on the debtor accordingly, and
(b) if a bankruptcy order is made, he is entitled to be reimbursed out of the estate in the prescribed order of priority.
[E.R.6.54]

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Source: https://www.legislation.gov.uk/nisr/1991/364/rule/6.052 (the official version)
Page: https://openlegislation.uk/insolvency-rules-northern-ireland-1991/rule-6.052
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.