1929 — Page 27

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SPECIFICATION OF TAXES, DUTIES, &c.

FEES IN WINDING-UP—Continued

No. Description Fee ($)
9. For taking an affidavit, or an affirmation, or attestation upon honour in lieu of an affidavit, or a declaration, except for proof of debts, for each person making the same 1.00
And in addition thereto for each exhibit referred to therein and required to be marked .50
10. On every proof of debt above $20 (other than proof for workmen's wages) .50
11. Every application for search other than by petitioner, liquidator, or officer of the Company .50
12. Every office copy, each folio of 72 words .35
13. Every application to inspect liquidator's statement lodged with Registrar of Companies under section 214 of the Ordinance .50
14. Every copy of or extract from such statement, each folio of 72 words or figures .35
15. Every application by a committee of inspection to the Official Receiver for a special bank account 10.00
16. Every order of the Official Receiver for a special bank account 20.00
17. Every application under section 214 of the Ordinance to the Official Receiver for payment of money out of the Companies Liquidation Account; and every application for the reissue of a lapsed cheque or money order in respect of moneys standing to the credit of the Companies Liquidation Account:
Where the amount applied for does not exceed $10,000 1.00
Where the amount applied for exceeds $10,000 50.00
18. On every application to the Court to approve a reconstruction or other scheme by which the affairs of the company are to be wound up otherwise than by the realization and distribution of the assets 50.00
19. On every order of the Court approving such reconstruction or scheme, 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 1 per cent.
On the next $900,000 or fraction thereof ½ per cent.
Above $1,000,000 ¼ per cent.
20. For taxation of costs.—The same fees as those directed to be paid and collected by the Order for the time being in force as to fees in the Original Jurisdiction of the Supreme Court.

Act of Colonial Legislature or other Authority under which levied.

Government Notification No. 124 of 1912.

---

TABLE B.

1.—On the audit of the Official Receiver's or liquidator's accounts a fee according to the following scale on the amount brought to credit, including the produce of calls on contributories, but after deducting (1) money received and spent in carrying on the business of the company, and (2) amounts paid by the Official Receiver or liquidator to secured creditors (other than debenture holders):

Amount Fee
On the first $50,000 or fraction thereof 1 per cent.
On the next $950,000 ½ per cent.
On the next $4,000,000 ¼ per cent.
On the next $5,000,000 ⅛ per cent.
Above $10,000,000 1/16 per cent.

II.—Where the Official Receiver acts as provisional liquidator only:

(a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all further 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:

Item Fee ($)
(1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10 up to 1,000 2.50
For every 10 or fraction of 10 above 1,000 .25

Provided that where the net assets of the company including uncalled capital are estimated in the statement of affairs not to exceed $5,000, three-fifths of the above fee only shall be charged.

(This fee to include cost of official stationery, printing, books, forms, and postage within Hong Kong and to places in the British Dominions.)

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SPECIFICATION OF TAXES, DUTIES, &c. FEES IN WINDING-UP—Continued No. Description Fee ($) 9. For taking an affidavit, or an affirmation, or attestation upon honour in lieu of an affidavit, or a declaration, except for proof of debts, for each person making the same 1.00 And in addition thereto for each exhibit referred to therein and required to be marked .50 10. On every proof of debt above $20 (other than proof for workmen's wages) .50 11. Every application for search other than by petitioner, liquidator, or officer of the Company .50 12. Every office copy, each folio of 72 words .35 13. Every application to inspect liquidator's statement lodged with Registrar of Companies under section 214 of the Ordinance .50 14. Every copy of or extract from such statement, each folio of 72 words or figures .35 15. Every application by a committee of inspection to the Official Receiver for a special bank account 10.00 16. Every order of the Official Receiver for a special bank account 20.00 17. Every application under section 214 of the Ordinance to the Official Receiver for payment of money out of the Companies Liquidation Account; and every application for the reissue of a lapsed cheque or money order in respect of moneys standing to the credit of the Companies Liquidation Account: Where the amount applied for does not exceed $10,000 1.00 Where the amount applied for exceeds $10,000 50.00 18. On every application to the Court to approve a reconstruction or other scheme by which the affairs of the company are to be wound up otherwise than by the realization and distribution of the assets 50.00 19. On every order of the Court approving such reconstruction or scheme, 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 1 per cent. On the next $900,000 or fraction thereof ½ per cent. Above $1,000,000 ¼ per cent. 20. For taxation of costs.—The same fees as those directed to be paid and collected by the Order for the time being in force as to fees in the Original Jurisdiction of the Supreme Court. Act of Colonial Legislature or other Authority under which levied. Government Notification No. 124 of 1912. --- TABLE B. 1.—On the audit of the Official Receiver's or liquidator's accounts a fee according to the following scale on the amount brought to credit, including the produce of calls on contributories, but after deducting (1) money received and spent in carrying on the business of the company, and (2) amounts paid by the Official Receiver or liquidator to secured creditors (other than debenture holders): Amount Fee On the first $50,000 or fraction thereof 1 per cent. On the next $950,000 ½ per cent. On the next $4,000,000 ¼ per cent. On the next $5,000,000 ⅛ per cent. Above $10,000,000 1/16 per cent. II.—Where the Official Receiver acts as provisional liquidator only: (a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of creditors and contributories: Such amount as the Court may consider reasonable to be paid by the petitioner or by the company as the Court may direct in respect of the services of the Official Receiver as provisional liquidator. (b.) Where a winding-up order is made, but the Official Receiver is not continued as liquidator after the statutory meetings of creditors and contributories: Item Fee ($) (1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10 up to 1,000 2.50 For every 10 or fraction of 10 above 1,000 .25 Provided that where the net assets of the company including uncalled capital are estimated in the statement of affairs not to exceed $5,000, three-fifths of the above fee only shall be charged. (This fee to include cost of official stationery, printing, books, forms, and postage within Hong Kong and to places in the British Dominions.)
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(A 25 ) SPECIFICATION OF TAXES, DUTIES, &c. FEES IN WINDING-TIP,—Continued. For taking an affidavit, or an affirmation, or attestation upon houour in lien of an affidavit, or a declaration, except for proof of debts, for each person making the same And in addition thereto for each exhibit referred to thereiu and required to be marked .............. 10.—On every proof of debt above $20 (other thau proof for workmen's wages). 11.—Every application for search other than by petitioner, liquidutor, or officer of the Company 12.—Every office copy, cach folio of 72 words 1.00 .50 .50 .50 35 Every application to inspect liquidator's statement lodged with Registrar of Companies under section 214 of the Ordinance 14.—Every copy of or extract from such statement, each folio of 72 words or figures 50 .35 15.- Every application by a committee of inspection to the Official Receiver for a special bank account 16.-Every order of the Official Receiver for a special bank account 17. Every application under section 214 of the Ordinance to the Official Receiver for payment of money out of the Companies Liquidation Account; and every application for the reissue of a lapsed cheque or money order in respect of moneys standing to the credit of the Com- panies Liquidation Accout :- - 10.00 20,00 Act of Colonial Legislature - or other Authority under which levied. Where the amount applied for does not exceed $10,00 Where the amount applied for exceeds $10,00 18.-On every application to the Court to approve a reconstruction or other scheme by which the affairs of the company are to be wound up otherwise than by the realization and distribution of the assets 19. On avery order of the Court appfoving such reconstruction or scheme, a fee according to the following scale on the estimated value of the company's property transferred or otherwise disposed of, viz.:- 1.00 50.00 BUDA On the first $100,000 or Fraction thereof On the next $900,000 or fruction thereof Above $1,000,000 20,- For taxation of costs.—The same fees as those directed to be paid and onlleeted by the Order for the time being in force as to fees in the Original Jurisdiction of the Supreme Court. Government Notification No. 124 of 1912. per cent. J? .1 10 27 TABLE B. 1.—On the audit of the Official Receiver's or liquidator's neeonuts 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) amounts paid by the Official Receiver or liquidator to secured creditors (other than debenture holders) :- On the first Ou, the next On the next 50,000 or fraction thereof 950,000 " 4,000,000 ガ On the next 5,000,000 Above 73 " Н 10,000,000 # * 1 per cent. ** + ** ....1 16 1 II.- Where the Official Receiver nets-as provisional liquidator only: (a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of creditors anıl contribntories :— 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, (6.) Where a winding-up order is made, but the Official Receiver is not continued as liquidator after the statutory mecrings of creditors and contributories: (1.) In respect of every 10 members, creditors, and debtors, and every fruction of 10 up to 1,000................ For every 10 or fraction of 10 ahore 1,000 Provided that where the not assets of the company including uncalled capital are estimated in the statement of affairs not to exceed 85,000 three-fifths of the above fee only shall be charged. (This fee to include cost of official stationery, printing, books, forrus, and postage within Họng Kong aud to places in the British Dominions.) 2.50 25
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(A 25 )

SPECIFICATION OF TAXES, DUTIES, &c.

FEES IN WINDING-TIP,—Continued.

  1. For taking an affidavit, or an affirmation, or attestation upon houour in lien of an affidavit, or a declaration, except for proof of debts, for each person making the same

And in addition thereto for each exhibit referred to thereiu and required to be marked ..............

10.—On every proof of debt above $20 (other thau proof for workmen's

wages).

11.—Every application for search other than by petitioner, liquidutor, or

officer of the Company

12.—Every office copy, cach folio of 72 words

1.00

.50

.50

.50

35

  1. Every application to inspect liquidator's statement lodged with

Registrar of Companies under section 214 of the Ordinance 14.—Every copy of or extract from such statement, each folio of 72 words

or figures

50

.35

15.- Every application by a committee of inspection to the Official

Receiver for a special bank account

16.-Every order of the Official Receiver for a special bank account 17. Every application under section 214 of the Ordinance to the Official Receiver for payment of money out of the Companies Liquidation Account; and every application for the reissue of a lapsed cheque or money order in respect of moneys standing to the credit of the Com- panies Liquidation Accout :-

-

10.00

20,00

Act of Colonial Legislature

-

or other Authority under which levied.

Where the amount applied for does not exceed $10,00 Where the amount applied for exceeds $10,00 18.-On every application to the Court to approve a reconstruction or other scheme by which the affairs of the company are to be wound up otherwise than by the realization and distribution of the assets 19. On avery order of the Court appfoving such reconstruction or scheme, a fee according to the following scale on the estimated value of the company's property transferred or otherwise disposed of, viz.:-

1.00

50.00

BUDA

On the first $100,000 or Fraction thereof On the next $900,000 or fruction thereof Above $1,000,000

20,- For taxation of costs.—The same fees as those directed to be paid and onlleeted by the Order for the time being in force as to fees in the Original Jurisdiction of the Supreme Court.

Government Notification

No. 124 of 1912.

per cent.

J?

.1 10 27

TABLE B.

1.—On the audit of the Official Receiver's or liquidator's neeonuts 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) amounts paid by the Official Receiver or liquidator to secured creditors (other than debenture holders) :-

On the first Ou, the next

On the next

50,000 or fraction thereof 950,000 "

4,000,000 ガ

On the next 5,000,000 Above

73

"

Н

10,000,000 #

*

1 per cent.

**

+

**

....1 16

1

II.- Where the Official Receiver nets-as provisional liquidator only:

(a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of creditors anıl contribntories :—

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,

(6.) Where a winding-up order is made, but the Official Receiver is not continued as liquidator after the statutory mecrings of creditors and contributories:

(1.) In respect of every 10 members, creditors, and debtors, and every fruction of 10 up to 1,000................

For every 10 or fraction of 10 ahore 1,000 Provided that where the not assets of the company including uncalled capital are estimated in the statement of affairs not to exceed 85,000 three-fifths of the above fee only shall be charged.

(This fee to include cost of official stationery, printing, books, forrus, and postage within Họng Kong aud to places in the British Dominions.)

2.50

25

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