Amendment
9.
For the purpose of calculating this fee, "the gross amount" means the amount to be provided under the terms of the com- position for ordinary and preferential creditors, and for costs, charges and expenses, and for fees and percentages (other than this fee).
Where a fee has been taken on a previous application to the court to approve a composition, or where a fee has becu paid under item 9 of Table 8, seven-eighths of the amount thereof shall be deducted from the fee payable on an applica. tion to approve a composition.
18. On an application to the court to approve a scheme of arrangement- fee computed at the following rates on the gross amount of the estimated assets (but not exceeding the gross amount of the unsecured liabilities), that is to say, $15 on every $1,000 or fraction of $1,000 up to $50,000, and $7.50 on every $1,000 or fraction of $1,000 beyond $50,000:
of Table B of amended-
Part II of
Appendix.
Provided that where a fee has been taken on a previous application to the court to approve a scheme, or where a fee has been paid under item 9 of Table B, seven-eighths of the amount thereof shall be deducted from the fee payable on an application to approve a scheme.
19. On an application for release by a trusted-a İse of $2.50 on every $1,000 or fraction of $1,000 of the gross amount of the assets realized and brought to credit.”.
Table B of Part III of the Appendix to the principal rules is
(0) in paragraph 1. by the deletion of the scale from the words
"On the first" to the figure and symbols "2" stitution therefor of the following-
"On the first $30,000 or fraction thereof...
and the sub-
11 per cent.
J
41 3
10
H.
2 I
**
5
(c) by the deletion of paragraph 3 and the substitution therefor of
the following-
"3. On the amount paid to preferential creditors or dis- tributed in dividend by the Official Receiver or any other trustee, when acting otherwise than as trustee under a composi- tion-
On the Brat $30,000 or fraction thereof
幽軒
next 50,000
70,000
150,000
10
1
On all further sums
14
33 per cent.
3
21
บ
11
H
IM
1 H
+ h
(d) in paragraph 4, by the deletion of the figures "75.00" and “25.00" and the substitution therefor respectively of the follow- ing
"*150.00
50.00%
(e) in paragraph 6, by the deletion of the figures "25.00", "50.00". "75.00". “100.00" and "125.00" and the substitution therefor respectively of the following-
"90.00
60.00
90.00
120.00
150.00.":
(f) in paragraph 8, by the deletion of the figures "2.50", "12.50", “12.50" and "6.25” and the substitution therefor respectively of the following-
14
++
next 50,000
IN
M
H
*
70,000
150,000
ur
*
On all further sums
(b) in paragraph 2, by the deletion of the scale from the words "On the first" to the end of the paragraph and the substitution therefor of the following-
"'On the first $20,000 or fraction thereof
IT
next 20,000
H
40,000
H
3 per cent.
+
++
21 11
H
*15.00
15.00
15.00
7.50.";
(g) in paragraph 9, by the deletion of the symbol and figures "$15.00" and "$7.50" and the substitution therefor of the following-
On all further sums ........................................
*
*$20
$10"; and
No comments yet.
Private notes are available after approval.