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SPECIFICATION OF TAXES, DUTIES, &c.
Act of Colonial Legislature or other Authority under which levied.
FEES OF COURT OR OFFICE, &c.,—Continued.
BANKRUPTCY JURISDICTION :—
For sales by private contract based on the valuation, half the above charges for
inventory and valuation,
For sales by metion, in addition to such out-of-pocket expenses as may be
authorised at the time by the Official Receiver or trustee :-
On the first $1,000 -
On the next $1,000.
On the next $5,000...
Above $10,000
6 per cent.
5
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Leaseholds.
For sales by auction of lenschold property including prior valuations, for determin- ing amount of reserve bids—and for sale, by private contract, to include prior valuation.
On the first $ 3.000...
On the next $17,000........
Above up to $50,000..
Above $50,000
5 per cent.
2, 11 *
J+
19
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2.- Architects.
For valuation of leaschold property and reporting thereon a fee to be fixed by
Agreement but not to exceed :—
On the first $10,000...
On the next $90,000...
Above $100,000.................
1 per cent.
Cost of Surveys dilapidations and specifications in discretion of taxing officer
$25 to $100,
The foregoing charges to be in addition to such out-of-pocket expenses as may he
authorised at the line by the Official Receiver or trustee.
General,
An Architect or Auctioneer who uses his own motor ear or motor cycle, instead of travelling by railway or hired vehicles, sball be entitled if the Taxing Officer is satisfied that such user was reasonable to an allowance not exceeding 25 cents per mile.
Fees for services not provided for in the scale may be fixed by agreement with the
trustee and the consent of the Committee of Inspection.
3.- Special Manager's and Accountant's Charges.
Where the employment of a special manager or accountant has been duly sanctioned, and in the absence of any special arrangement with the Official Receiver or the trustee for a smaller amount, the following charges may be allowed :--
For carrying ou a business and supervising same and all accounting, collecting and realising assets in respect thereof or preparing balance sheet, investigat- ing accounts etc., principal's time, exclusively so employed, per day of six hours, including necessary affidavit verifying acconuts ..
Chartered or incorporated accountants other than principals.......... Chief clerk's time
Other clerk's time, per day of woven bours
These charges shall include stationery, except the forms used.
$100 to $175
$75 to $100
20 to $ 45
. 5 to $ 20
N.B.—Only the minimum charges will be allowed as a rule, unless there is good reason for increasing them, such as the difficulty and unusual nature of the business to be carried on, the complexity of negotiations, or other similar considerations.
Section 115 of the Bank- ruptcy Ordinance, 1931, Ordinance 10 of 1931, on the 15th day of Octo- ber, 1932, and approved by the Legislative Coun- cil on the 10th day of November, 1932.
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