177. Receiver’s fees

There is to be paid to every receiver the expenses properly incurred by him or her in the performance of his or her duties, and any fees that may be directed by the Authority in respect of such matters as the Authority may, by notification in the Gazette, specify; but the receiver is not entitled to any remuneration other than those payments.

The receiver, in addition to all other rights and remedies for the recovery of those expenses or fees, has the same rights and remedies in respect thereof as a salvor has in respect of salvage due to him or her.

Whenever any dispute arises as to the amount payable to any receiver in respect of expenses or fees, that dispute is to be determined by the Authority whose decision is final.

All fees received by a receiver in respect of services performed by him or her as receiver must be accounted for to the Authority and must form part of the funds of the Authority.