--(1) Where the court appoints a person other than the Chief State Solicitor as receiver of a patient-
----(a) the person appointed must, unless the court otherwise directs, give such security for the performance of his duties as the court may direct before acting as receiver; and
----(b) the order does not take effect until such security is given.
--(2) The court may from time to time vary the amount of security required.
--(3) The court may direct that security be given in any way including-
----(a) by a bond approved by the court and given by the person giving security and also by-
--------(i) an insurance company, group of underwriters or bank approved by the court; or
--------(ii) with the approval of the court two personal sureties; or
----(b) by lodging in court a sufficient sum of money or stock.
--(4) A person giving security in whole or part by lodging money or stock must apply for leave to make the lodgment and for directions as to how such money is to be invested and how any dividends should be applied.
--(5) Every person who has given security by bond must, whenever his accounts are passed or the court so directs, satisfy the court-
----(a) that any premiums payable in respect of the bond have been duly paid; or
----(b) if the bond was given by personal sureties, that each surety-
--------(i) is living;
--------(ii) is within the jurisdiction; and
--------(iii) has neither been adjudicated bankrupt nor compounded with his creditors,
--and if the court is not satisfied, it may require new security to be given or give other directions.
--(6) Where a person is authorised or directed to give a new security and-
----(a) the new security has been completed; and
----(b) he has paid or secured to the satisfaction of the court any balance due from him,
--the former security is to be discharged unless the court otherwise directs.
Notes
Back to Part (70. Protection of Property of Patients)