law: Co-Operative Societies Act 2008 
  151.
  
  Functions of receiver
  1.      Subject to the rights
  
  of secured creditors, a receiver of any property of a society may—
  a.     
  
    receive
  
  the income from the property and pay the liabilities connected with the
  
  property; and
  b.    
  
    realise
  
  the security interest of those on whose behalf he is appointed.
  2.      Notwithstanding
  
  subsection (1) and subject to any order that the Court may make pursuant to
  
  section 155, a receiver who is not appointed manager of a society shall not
  
  carry on the business of the society.