A person appointed by the holder of a fixed charge ( to enforce his security, also known as a fixed charge receiver.

The appointment of a receiver by a secured creditor is a contractual remedy, usually without recourse to the courts and the receiver's primary duty is to the fixed charge holder. A receiver may be appointed over only part of the security provider's property. The powers and duties of a receiver are typically set out in express provisions in the security document. This can be contrasted with an administrative receiver ( who is appointed by the holder of a floating charge ( over the whole (or substantially the whole) of the security provider's property and whose powers include the statutory powers set out in Schedule 1 to the Insolvency Act 1986 or a receiver specifically appointed under the Law of Property Act 1925 (also known as an LPA receiver ( ).

For more information on the appointment of a receiver by the holder of a fixed charge, see Standard document, Debenture: Drafting note, Appointment ( .

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