A receiver's functions are limited to receipt of income and payment of ascertained outgoings1. A receiver has no general powers of management2, but where the mortgage, expressly or by implication, includes a business3, a receiver and manager may be appointed4. It seems that if the business is not included in the security the court has no jurisdiction to appoint a manager5. An appointment of a manager may be made even if this is with a view to the sale of
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