(A 35 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levicl.

Fees of Court or Öffice, &c.—Continued.

COMPANIES Registration:--

TABLE B.

I. Ou the audit of the Official Receiver's or liquidator's accounts a fee according to the following seale on the amount brought to credit, inchal- 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 holders):—

50,000 or frnction thereof

13 per cent.

On the first $

On the next

1,250,000

+

On the next

5,000,000

On the next Above

6,300,000 12,800,000

19

35

71

25

*

27

12

w

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

(a.) Where no winding-up onder is made upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of creditors and contributories:-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

(b.) Where a winding-up ander is made, but the Official Receiver is not contimed as liquidator after the statutory meetings of creditors and contributories :-

(1.) In

respect of every

10 members, creditors, and debtors, aul' 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, printing, 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 has, 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 fruct on thereof

On the noxL

200,000 "

On the next 750,000

Above

1,000,000

11

1)

14 per cent.

+

#

+

III. Where the Oficial Receiver nets 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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