Part 6 — Management and Administration Division 1 Membership
121 Receivers' periodical abstracts of receipts and payments
who has been appointed under the powers contained in any
instrument shall, within one month, or any longer period the
Registrar may allow, after the expiration of
(a) 6 months from the date of his or her appointment, and
(b) every subsequent 6-month period,
file with the Registrar an abstract showing his or her receipts and
payments during those 6-month periods.
(2) Every receiver or manager of the property of a company who
has been appointed under the powers contained in any instrument
shall
(a) within one month after he o r she ceases to act as a receiver
or manager pursuant to the appointment, file with the
Registrar an abstract showing his or her receipts and
payments during the period from the end of the 6-month
period to which the last abstract under subsection (1) related
up to the date of his or her so ceasing, and
(b) on ceasing to act as a rece iver or manager pursuant to the
appointment, file a notice to that effect with the Registrar.
(3) A receiver or manager who defaults in complying with the
requirements of this section is guilty of an offence.
RSA 2000 cC-21 s121;2020 c25 s2(57)