FEDERAL COURT OF AUSTRALIA ACT 1976 - SECT 57 Receivers
FEDERAL COURT OF AUSTRALIA ACT 1976 - SECT 57
Receivers(1) The Court may, at any stage of a proceeding on such terms and conditions as the Court thinks fit, appoint a receiver by interlocutory order in any case in which it appears to the Court to be just or convenient so to do.
(2) A receiver of any property appointed by the Court may, without the previous leave of the Court, be sued in respect of an act or transaction done or entered into by him or her in carrying on the business connected with the property.
(3) When in any cause pending in the Court a receiver appointed
by the Court is in possession of property, the receiver shall manage and deal
with the property according to the requirements of the laws of the State or
Territory in which the property is situated, in the same manner as that in
which the owner or possessor of the property would be bound to do if in
possession of the property.