Part 14 — Winding-up, Liquidation and Dissolution of Cooperatives Division 1 Receivers and Receiver-Managers
303 Duties of receivers and receiver-managers
(a) take the property of the co operative into custody and control
in accordance with the Court order or instrument under
which the receiver or receiver-manager is appointed;
(b) open and maintain a b ank account as receiver or
receiver-manager of the cooperative for the money of the
cooperative coming under the receiver's or
receiver-manager's control;
(c) keep detailed accounts of a ll transactions carried out as
receiver or receiver-manager;
(d) keep accounts o f the administration as receiver or
receiver-manager and make them available to directors
during usual business hours;
(e) at least once in every 6-month period after appointment,
prepare financial statements of the administration, as far as
is feasible, in the form required by section 228;
(f) on completion of duties, render a final account of the
administration;
(g) if section 233 would otherwise apply, file with the
Executive Director a copy of any financial statement not
later than 15 days after it is prepared and any final account
of the administration not later than 15 days after it is
rendered.