1924 — Page 25

(A 23 )

SPECIFICATION OF TAXES, DUTIES, &c.

FEES IN WINDING-UP,—Continued.

19.—Qu every order of the Court approving such reconstruction or scheme, a fee according to the following scale on the estimated value of the company's property transferred or otherwise disposed of, víz,;—

On the first $100,000 or fraction thereof On the next $900,000 or fraction thereof Above $1,000,000

per cent.

#

.....I 10

20,— For tuxation of costs.-The sanie fees as those directed to be paid aud collected by the Order for the time being in force as to fees in the Original Jurisdiction of the Supreme Court.

TABLE B.

1.—On the audit of the Official Receiver's or liquidator's accounts a fee according to the following scale ou the amount brought to credit, includ- ing the produce of calls on contributories, but after deducting (1) money received and speut 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) :—

On the first

50,000 or fraction thereof 950,000 "

1 per cent.

17

Act of Colonial Legislaturo

or other Authority under which levied.

$5.00

Government Notification

2.50

No. 124 of 1912.

On the next

}}

Ou the next

4,000,000 5,000,000 10,000,000

»

+

π

*

17

| ४

3)

.....1 16

""

On the nex! Above 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winding-up order is rescinded or all further proccedings are stayed prior to the summoning of the statutory meetings of creditors und contributories ;—

Such amount as the Court may consider reasonable to be pand by the petitioner or by the company as the Court may direct in respect of the services of the Official Receiver as provisional liquidator,

(b.) Where a winding-up order is unde, bm the Official Receiver is not continued us liquidator after the statutory meetings of ereditors and contributories ; —

(1.) In respect of every 10 members, creditors, und 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 unealled capital are estimated in the statement of affairs not to exceed $5,000 three-fifths of the above fee only shall be charged.

(This fee to include cost of official stationery, printing, books, forms, and postage within Hongkong and to places in the British Domitions.)

(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 the making of a winding-up order, becu appointed receiver for debenture hullers) the amount due to debenture holders :-

On the first $ 50,000 or fraction thereof,

On the next

On the next

Above

200,000 " 750,000 39 1,000,000

>

11

Iper cent,

++

་་

LII. – Where the Official Receiver acts as liquidator of the Company (inchd-

ing bis services as provisional liquidator) :—

(1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10............................

Provided that where the net assets of the company, including oucalled capital, do not exceed $5,000, three-fifths of the above fee only shall be charged.

(This fee to include cost of official stationery, printing, books, forma and postage within Hongkong and to places in the British Dominions.)

(2.) Upon the total ussets, including produce of calls ou contributories realised or brought to credit by the Official Receiver, after dedmeting sums on which fees are chargeable under No, IV of this Table, and not being moneys received and spent in carrying on the businese of the

company!-

On the first $ 10,000 or fraction thereof,...........................

On the next 15,000 ลา

#

On the next

25,000

"

"

帅

On the next 50,000 』 On the next 900,000

Above

1,000,000

"

21

.5 per cent.

J

3

:::་--

10.00

23