(A 23 )
SPECIFICATION OF TAXES, DUTIES, &c.
FEES IN WINDING-UP,—Continued.
19.—On 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, viz.:—
On the first $100,000 or fraction thereof On the next $900,000 or fraction thereof Above $1,000,000
4 per cent.
}
... 10 "
20.- For taxation of costs.—The samo fees as those directed to be paid und 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 on the amount brought to eredit, includ- ing the produce of calls on contributories, but after deducting (1) money received and spent 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 & On the next
50,000 or fraction thereof 930,000
per cent,
"
Act of Colonial Legislature
or other Authority under which levied.
11
Ou the next
1,000,000 11
#1
"
15
10,000,000
""
18
116
22
On the next 5,000,000 Above 11.— Where the Official Receiver acts as provisional liquidator only :—
(4.) Where no winding-up order is unde upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of creslitors and contributories ;-
Such amount as the Court may consider reasonable to be paid by the petitioner or by the company as the Court way direct in respect of the services of the Official Receiver as provisional liquidator. -
(b) Where a winding-up order is inade, but the Official Receiver is not continued us liquidator after the statutory meetings of creditors and contributories: —
(1) In respect of every 10 members, creditors, and 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 uncalled capital are estimated in the statement of affairs not to exceed $3,000 three-fifths of the above fee only shall be charge),
(This fee to include cost of official stationery, printing, books, fovirs, and postage within Hongkong and to places in the British Dominions.)
(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 hus, prior to the making of a winding-up order, been appointed receiver for debenture holders) 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 1,000,000 14
per cent,
11
11
III. - Where the Official Receiver acts as liquidator of the Company (includ-
ing his services as provisional liquidator) ;-
(1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10......
*
Provided that where the net ussets of the company, including uncalled 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, booke, forms and postage within Hongkong and to places in the British Dominions.)
(2.) Upou the total assets, including produce of calls on contributories realised or brought to eredit by the Official Receiver, after deducting sums on which fees are chargeable under No. IV of this Table, and not being moneys received and spent in carrying ou the business of the Company:
On the first $ 10,000 or fraction thereof,....................
On the next 15.00) 13
1
.......5 per cent.
$5.00
2.50
10.00
Government Notitiention
No. 124 of 1912.
Qa the wexi 25,000
M
On the next 50.000 On the next 900,000. Above
1
M
*
+2
"
-
1,000,000 "
N
22
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