(A 35 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

FRES OF COUrt or Office, &c..—Continued,

COMPANIES REGISTRATION :—

TABLE B.

I. On the audit of the Official Receiver's or liquidator's socounte 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) the amount spent out of the money received in carrying on the business of the company, and (2) amounts paid by the Official Receiver or liquidator to secured creditors (other than debenture holdere):-

On the first $

On the next On the next On the next Above

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50,000 or fraction thereof

1,250,000 "1 5,000,000 6,500,000 12,800,000

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(a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of creditors nud contributories :—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

(6.) Where & winding-up order is made, but the Official Receiver is dot 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 uncalled capital are estimated in the statement of affairs not to exceed $50,000 three-fifths of the above fee only shall be charged.

(This fee to include cost of official stationery, priating, books, forms, and postages in Hong Kong.

(2.) On the value of the company's property as estimated in the state- ment of affairs after deducting (in cases where a person other than the Official Receiver bas, prior to but not on the day of the making of the winding-up order, been appointed Receiver for debenture holders) the amount due to debenture holders :-

On the first $ 50,000 or fraction thereof

200,000 "

On the next On the next 750,000

Above

1,000,000

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14 per cent.

19

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III. -Where the Official Receiver acts as liquidator of the Company and a special Manager is appointed (to include the Official Receiver's services as provisional liquidator:

Such amount as the Court, on the application of the Official Receiver, may consider reasonable.

$10.00

5.00

Government Notification

No. 1019 of 1936.

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