Section 89, The Banking Act, 2019

(1) A receiver may be a person or an official of the Central Bank who meets the qualifications prescribed by the Central Bank. (2) The Central Bank may dismiss a receiver and appoint a replacement. (3) The receiver shall receive such remuneration as shall be determined by the Central Bank. (4) All costs and expenses incurred by the receiver and experts engaged by him shall be paid from the assets of the bank in (5) Payments to the receiver may be made on a current basis if in the judgment of the receiver there are sufficient liquid assets. (6) Any monies owing to the receiver at the end of the term of receivership shall be paid from the proceeds from the sales of the bank's assets in accordance with the priority set out under section 102.