What is the role of a Fixed Charge Receiver?

A Fixed Charge Receiver is appointed typically in the context of secured lending where there is a specific charge over certain assets of a company, usually real estate or specific equipment. The primary role of a Fixed Charge Receiver focuses on managing the secured assets in order to recover the owed amount to the lender. This role includes the collection of any income generated by the secured assets, such as rent from property, as well as the authority to sell these assets if necessary.

In the context of the options provided, the focus on collecting rents or selling property accurately encompasses the essential functions that a Fixed Charge Receiver performs. They act as an agent of the charge holder and have specific powers that enable them to secure repayments on the debt. Therefore, the option highlighting the collection of rent or the ability to sell property aligns perfectly with the duties expected of a Fixed Charge Receiver, emphasizing their critical role in managing financial recovery for secured creditors.