258. Enforcement receivers.

Where sums which are in the hands of an enforcement receiver1 are:

  1.  

    (1)     the proceeds of the realisation of property2 by the receiver3;

  2.  

    (2)     sums (other than those mentioned in head (1) above) in which the defendant4 holds an interest5,

the sums must be applied as follows:

  1.  

    (a)     first, they must be applied in payment of such expenses incurred by a person acting as an insolvency practitioner as are payable6;

  2.  

    (b)     second, they must be applied in making any payments directed by the Crown Court7;

  3.  

    (c)     third, they must be applied