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(A 22 )
SPECIFICATION OF TAXES, DUTIES, &c.
FEES IN WINDING-UP,—Continued.
19. On every order of the Court approving such reconstruction or schome, a fee according to the following scale on the estimated value of the company's property transferred or otherwise disposed of, viz.:—
On the first $100,000 or fraction thereof, On the next $900,000 or fraction thereof,. Above $1,000,000,
per cent.
12
...1/to
20. For taxation of costs.-The same fees as those directed to be paid aud collected by the Order for the time being in forco as to fees in the Original Jurisdiction of the Supreme Court.
TABLE B.
I. Ou the audit of the Official Receiver's or liquidator's accounts a fee according to the following scale on the amount brought to credit, includ- ing the produce of calls on contributories, but after deducting (1) money received and spent in carrying on the business of the company, and (2) amonuts paid by the Official Receiver or liquidator to secured creditors (other than debenture holders) :—
On the first $ On the next
50,000 or fraction thereof 950,000 "
→
On the next
4,000,000 1)
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per cent.
13
19
Act of Colonial Legislature or other Authority under which leviol.
5,000,000 J1 10,000,000
91
1/8 ...1/16
On the next Above II.—Where the Official Receiver acts as provisional liquidator ouly :—
(a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all farther proceedings are stayed prior to the summoning of the statutory meetings of creditors and contributories :-
Such amount as the Court may consider reasonable to be paid by the petitioner or by the company as the Court may direct in respect of the services of the Official Receiver as provisional liquidator.
(b.) Where a winding-up order is made, but the Official Receiver is not continued as liquidator after the statutory meetings of creditors and contributories :—
(1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10 up to 1,000,
For every 10 or fraction of 10 above 1,000, Provided that where the net assets of the company including mucalled capital are estimated in the statement of affairs not to exceed $5,000 three-fifths of the shove fee only shall be charged,
(This fee to include cost of official stationery, printing, books, forms, and postage within Hongkong and to places in the British Dominions.)
(2.) On the value of the company's property as estimated in the state- ment of affairs after deducting (in ensus where a person other than the Official Receiver has, prior to the making of a winding-up order, been appointed receiver for debenture holders) the amount due to debenture holders :-
On the first On the next
On the next
Above
$50,000 or fraction thereof, ...........................................................I per cent. 200,000 "
750,000 11 1,000,000
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III. Where the Official Receiver acts as liquidator of the Company (includ-
ing his services as provisional liquidator) :—
(1.). In respect of every 10 members, creditors, and debtors, and every fraction of 10,
Provided that where the net assets of the company, including uncalled capital, do not exceed $5,000 three-fifths of the above fee only shall be charged.
(This fee to include cost of official stationery, printing, books, forms, und postage within Hongkong and to places in the British Dominions.)
(2.) Upon the total assets, including produce of calls on contributories, realised or brought to credit by the Official Roceiver, after deducting sums on which fees are chargeable under No. IV of this Table, and not being moneys received and spent in carrying ou the business of the company ——
Lavamo a
........................................5 per cent.
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On the first 10,000 or fraction thereof,. On the next 15,000 1 On the next 25,000 On the next 30,000 On the next 900,000 Above 1,000,000
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$5.00
2.50
10.00
Government Notification
No. 124 of 1912.