Commentary on Sections Management Receivers Sections 196 and 197: Appointment; Powers
260.These sections follow the current legislation in enabling a management receiver to be appointed where a restraint order has been made. The role of a management receiver is to manage property to maintain its value until a confiscation order is made. However, unlike England and Wales the appointment will continue to be made by the High Court. Section 197 sets out the same powers for a management receiver appointed by the court in Northern Ireland as section 48 provides for England and Wales.