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The Crown Court (Confiscation, Restraint and Receivership) Rules 2003

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Accounts

27.—(1) The Crown Court may order a receiver appointed under section 48, 50 or 52 of the Act to prepare and serve accounts.

(2) A party to receivership proceedings served with such accounts may apply for an order permitting him to inspect any document in the possession of the receiver relevant to those accounts.

(3) Any party to receivership proceedings may, within 14 days of being served with the accounts, serve notice on the receiver—

(a)specifying any item in the accounts to which he objects;

(b)giving the reason for such objection; and

(c)requiring the receiver within 14 days of receipt of the notice, either—

(i)to notify all the parties who were served with the accounts that he accepts the objection; or

(ii)if he does not accept the objection, to apply for an examination of the accounts in relation to the contested item.

(4) When the receiver applies for the examination of the accounts he must at the same time lodge with the Crown Court—

(a)the accounts; and

(b)a copy of the notice served on him under this rule.

(5) If the receiver fails to comply with paragraph (3)(c) of this rule, any party to receivership proceedings may apply to the Crown Court for an examination of the accounts in relation to the contested item.

(6) At the conclusion of its examination of the accounts the court will certify the result.

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