(A 81 )
SPECIFICATION OF TAXES, DUTIES &c.
Act of Colonial Legislature
or other Authority under which levied.
FEES OF COURT.—Continued,
Every application to the Court to appoint a special manager or to carry ou
the business of a debtor,
Every application under Section 80 to the Registrar of the Supreme Court
for payment of money out of the Bankruptcy Estates Account, Every application to the Court to approve composition, a fee computed at the following rates on the gross amount of the composition, ciz,, 810 on every $1,000 or fraction of $1,000 up to $50,000 and $5 on every or fraction of $1,000 beyond $50,000,
$ 3.00
1.50
Every 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), niz., $10 ou every $1,000 or fraction of $1,000 up to $50,000 and $5 on every $1,000 or fraction of $1,000 beyond $50,000,
Provided that, where a fee has been taken on a previous application to the Court to approve a composition or scheme, or where a fee has been paid under this table on the account submitted for audit, seven-eights of the amount thereof shall be deducted from the fee payable on an application to approve a composition or scheme.
On one copy of an acconut, showing assets realized, forwarded by the Official Receiver or Trustee to the Registrar of the Supreme Court, a fee according to the following scale on the gross amount of the assets realized and brought to credit, eiz., $10 on every 81,000 or fraction of $1,000 up to $50,000 and $5 on every $1,000 or fraction of $1,000 beyond $50,000.
Provided that, where a fee has been taken on an application to approve a composition or scheme of arrangement, seven-eights of the monut thereof shall be deducted from the fee.
On every application for release by a trustee a fee of $1,25 on every $1,000 or fraction
of $1,000 of assets realized and brought to credit.
TABLE B.
On the net assets realized or brought to credit by the Official Receiver whether acting as interim receiver, receiver or trustee, after deducting any sums paid to socnred creditors in respect of their securities and not being assets realized by a special manager or moneys received and spent in carrying on the business of the debtor and on the net assets realized by an Official Receiver when acting as trustee to administer a debtor's property under a composition or scheme, after deducting any sums paid to secured creditors in respect of their securities, and not being moneys received and spent in carrying on the business of a debtor, a percentage according to the following scale :→
On the first $10,000 or fraction thereof,
"
uext $15,000
#1
$25,000
*T
"1
$50,000
+
10
**
11
+7
$5 per cent.
*
**
Ordinance 7 of 1891
(Second Vide
Schedule) Government
Notification No. 110 of 22nd April, 1910.
On all further sums,
1
་་
On the amount distributed to creditors by the Official Receiver when acting as
trustee under a composition
On the first $5,000 or fræetion thereof,
.$2
per cent.
**
next $5,000
17
"1
$10,000
On all further sums,
**
EX
11
".
1.
+
•
On the amount distributed in dividend by the Official Receiver, when acting as trustee under adjudications, schemes, or orders of administration of the property of a deceased insolvent, a percentage acconling to the following scale :—
On the first $10,000 or fraction thereof,.
..$2 per cent.
73
next 815,000
**
$25,000
*
$50,000
+3
17
"
"1
2
"
14
1
19
On all further suma,
For the Official Receiver acting as interim receiver of the property of a debtor in addition to the percentage chargeable ou realizations, "on every onler,
$30.00
And, in addition, where the order is in force for a longer period than fourteen days, for every seven days after the first fourteeu and for every fraction of seven days.........................
10.00
For each notice by an Official Receiver to a creditor of a first or any other
meeting, or sitting of the Court :-
Where the estimated value of the estate exceeds $1,000—each notice, Where the estimated value of the assets does not exceed $1,000 :- On the first twenty notices-ench notice,
For ench notice above twenty,.....................
+++
0.50
.......
0.50 0.25
0,25
Each notice by an Official Receiver to a creditor of an adjourned meeting or
an adjourned sitting of the Court,
31
No comments yet.
Private notes are available after approval.