1983 Ed.]
Solicitors (General) Costs Rules
[CAP. 159
G 5
3. The scale of costs set out in this Part shall not apply to the following non-contentious business, which shall be chargeable under rule 5-
(a) a debenture not incorporating leasehold property or interests therein, executed pursuant to an agreement for a debenture already charged for under this Part:
(b) the approval of the form of a second or subsequent debenture not incorporating leasehold property or interests therein on behalf of a debenture holder having priority:
(c) all deeds or agreements for an extension of time for repayment of a debenture not incorporating leasehold property or interests therein unless such extension is contained in or is incidental to a further charge; and
(d) all debentures, mortgages and agreements affecting or relating to vessels.
4. For the approval only of documents in any non-contentious business referred to in paragraph 1 or 2 the costs shall be one half of the costs set out in this Part or where the relevant consideration does not exceed $100,000.00, a discretionary sum not exceeding $900.00.
[Subsidiary]
L.N. 151/74.
L.N. 343/83.
PART III
SCALE OF COSTS APPLICABLE TO BUSINESS TO WHICH THIS PART APPLIES
Charge
1.
Where the average annual rental does not exceed $6,000
$800
2.
Where the average annual rental exceeds $6,000 but does not exceed $12,000
$1,000
3.
Where the average annual rental exceeds $12,000
L.N. 143/83
1.
$1,000 and 1% of the average annual rental in excess of $12,000
Save as provided in paragraph 5, the scale of costs set out in this Part shall apply to all leases, agreements for lease and tenancy agreements.
2. Where a premium is payable under a lease, agreement for a lease or a tenancy agreement, whether in addition to the rent payable or not, a solicitor shall charge in addition to costs on the scale set out in this Part a further sum, namely-
(a) in the case of a premium not exceeding $100,000.00 a sum of $180.00 per $10,000.00 or part thereof; and
(b) in the case of a premium exceeding $100,000.00 a sum calculated under Part I as if the premium were the consideration for an assignment.
3. (a) In all replacement leases the costs shall be one half of the costs set out in this Part, provided that a solicitor shall charge not less than $800.00 in any event.
(b) "Replacement leases" means leases, agreements for lease and tenancy agreements prepared by solicitors solely to meet the requirements of the Land Office consequent upon the grant of a new Crown lease or conditions of exchange, renewal or regrant where immediately prior to such grant owners of leasehold properties have to clear all encumbrances.
4. Where an agreement for sale and purchase, lease, agreement for lease, tenancy agreement or any renewal thereof is required to be registered in the Land Office a solicitor shall in addition to the costs herein set out charge an additional fee of $300.00 in respect of such registration.
5. The scale of costs in this Part shall not apply to the following non-contentious business, which shall be chargeable under rule 5-
(a) a renewal of a lease or tenancy agreement by endorsement; and
(b) [Deleted, L.N. 343/83.]
(c) a lease executed pursuant to an agreement for lease or tenancy agreement already charged for by the solicitor concerned in accordance with this Part.
L.N. 343/83.
L.N. 343/83.
L.N. 356/80.
L.N. 343/83.
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