Where a receiver fails to comply with rule 70.23 or 70.24, the court may-
----(a) disallow any remuneration which would otherwise have been due to the receiver; and
----(b) if he has defaulted in-
--------(i) paying money into court;
--------(ii) investing money; or
--------(iii) otherwise dealing with money,
----may charge him the statutory rate of interest or such other rate as the court may fix, for the period of his default.
Notes
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