law: Co-Operative Societies Act 2008 
  Part
  
  X Receivers and Receiver-Managers
  150.
  
  Receiver appointed by Registrar
  Where,
  
  in the opinion of the Registrar, based on the results of an examination
  
  undertaken pursuant to section 180, it is necessary to appoint a
  
  receiver-manager to protect the equity of the members, the Registrar may,
  
  subject to the approval of the Minister, appoint a receiver-manager.