1932 — Page 37

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(A 35) SPECIFICATION OF TAXES, DUTIES &c.

Act of Colonial Legislature or other Authority under which levied.

FEES OF Court or Office, &c.—Continued

FEES of Court:—

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 secured 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 the 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:

Net Assets Realized Percentage
First $10,000 or fraction thereof 5%
Next $15,000 4%
Next $25,000 3%
Next $50,000 2%
All further sums 1%

On the amount distributed to creditors by the Official Receiver when acting as trustee under a composition:

Amount Distributed Percentage
First $5,000 or fraction thereof 2%
Next $5,000 1.5%
Next $10,000 1%
All further sums 0.5%

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 according to the following scale:

Amount Distributed in Dividend Percentage
First $10,000 or fraction thereof 2%
Next $15,000 1.5%
Next $25,000 1%
Next $50,000 0.5%
All further sums 0.25%

For the Official Receiver acting as interim receiver of the property of a debtor, in addition to the percentage chargeable on realizations, on every order: $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 fourteen 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:

Condition Fee per Notice
Where the estimated value of the estate exceeds $1,000 $0.50
Where the estimated value of the assets does not exceed $1,000 — first twenty notices $0.50
Where the estimated value of the assets does not exceed $1,000 — each notice above twenty $0.25

Each notice by an Official Receiver to a creditor of an adjourned meeting or an adjourned sitting of the Court: $0.25

For the Official Receiver supervising a special manager or the carrying on of a debtor's business, where the estimated assets exceed $1,000, a fee according to the following scale:

Gross Assets Estimated Fee Per Week
Not exceeding $5,000 $10.00
Exceeding $5,000 but not exceeding $50,000 $20.00
Exceeding $50,000 but not exceeding $100,000 $30.00
Exceeding $100,000 but not exceeding $200,000 $40.00
Exceeding $200,000 $50.00

Travelling, keeping possession, and other reasonable expenses of Official Receiver — the amount disbursed.

For official stationery, printing, books, forms, and postages, each estate:

Item Fee
For every ten applications to debtors to an estate, or fraction of ten $1.00
For every ten creditors or fraction of ten where the estimated assets exceed $1,000 $5.00
Where the estimated assets do not exceed $1,000: for every ten creditors or fraction of ten up to twenty $5.00
Where the estimated assets do not exceed $1,000: for every ten creditors or fraction of ten above twenty $2.50

On every payment under Section 80 of money out of the Bankruptcy Estates Account: 10 cents on each $10 or fraction of $10, to be charged as follows:

  • When the money consists of unclaimed dividends, on such dividend paid out.
  • When the money consists of undistributed funds or balances, on the amount paid out.

Ordinance 7 of 1891 (Second Schedule)

Vide Government Notification No. 110 of 22nd April, 1910.

35

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(A 35) SPECIFICATION OF TAXES, DUTIES &c. Act of Colonial Legislature or other Authority under which levied. FEES OF Court or Office, &c.—Continued FEES of Court:— 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 secured 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 the 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: Net Assets Realized Percentage First $10,000 or fraction thereof 5% Next $15,000 4% Next $25,000 3% Next $50,000 2% All further sums 1% On the amount distributed to creditors by the Official Receiver when acting as trustee under a composition: Amount Distributed Percentage First $5,000 or fraction thereof 2% Next $5,000 1.5% Next $10,000 1% All further sums 0.5% 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 according to the following scale: Amount Distributed in Dividend Percentage First $10,000 or fraction thereof 2% Next $15,000 1.5% Next $25,000 1% Next $50,000 0.5% All further sums 0.25% For the Official Receiver acting as interim receiver of the property of a debtor, in addition to the percentage chargeable on realizations, on every order: $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 fourteen 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: Condition Fee per Notice Where the estimated value of the estate exceeds $1,000 $0.50 Where the estimated value of the assets does not exceed $1,000 — first twenty notices $0.50 Where the estimated value of the assets does not exceed $1,000 — each notice above twenty $0.25 Each notice by an Official Receiver to a creditor of an adjourned meeting or an adjourned sitting of the Court: $0.25 For the Official Receiver supervising a special manager or the carrying on of a debtor's business, where the estimated assets exceed $1,000, a fee according to the following scale: Gross Assets Estimated Fee Per Week Not exceeding $5,000 $10.00 Exceeding $5,000 but not exceeding $50,000 $20.00 Exceeding $50,000 but not exceeding $100,000 $30.00 Exceeding $100,000 but not exceeding $200,000 $40.00 Exceeding $200,000 $50.00 Travelling, keeping possession, and other reasonable expenses of Official Receiver — the amount disbursed. For official stationery, printing, books, forms, and postages, each estate: Item Fee For every ten applications to debtors to an estate, or fraction of ten $1.00 For every ten creditors or fraction of ten where the estimated assets exceed $1,000 $5.00 Where the estimated assets do not exceed $1,000: for every ten creditors or fraction of ten up to twenty $5.00 Where the estimated assets do not exceed $1,000: for every ten creditors or fraction of ten above twenty $2.50 On every payment under Section 80 of money out of the Bankruptcy Estates Account: 10 cents on each $10 or fraction of $10, to be charged as follows: When the money consists of unclaimed dividends, on such dividend paid out. When the money consists of undistributed funds or balances, on the amount paid out. Ordinance 7 of 1891 (Second Schedule) Vide Government Notification No. 110 of 22nd April, 1910. 35
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(A 35) SPECIFICATION OF TAXES, DUTIES &c. Act of Colonial Legislature or other Authority ander which levied. FERS OF Court or Office, &c.—Continued, FRES of Court:— 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 secured creditors in respect of their securities and not being assete 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 the Official Receiver when acting as trustee to administer a debtor's property under a composition or scheme, after deducting any suns paid to secured creditors in respect of their securities, and not being moneys received and spent in carrying on the business of u debtor, a percentage according to the following scale :-- On the first $10,000 or fraction thereof, next $15,000 יז $5 per cent. + ** 11 $25,000 $50,000 1 17 ·· On all further sums, 3 ་་ 2 97 1 * On the amount distributed to creditors by the Official Receiver when acting as trustee uuder a composition :- :- On the first $5,000 or fraction thereof,. ** 1 next $5,000 + $10,000 ** * ม $2 per cent. 1 3+ י On all further sums, ** 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 according to the following seato :— On the first $10,000 or fraction thereof........ next $15,000 14 "} $25,000 บ 14 · # $50,000 + " On all further sums, .$2 per cent. 2 1+ 1 * For the Official Receiver acting as interim receiver of the property of a debtor in addition to the percentage chargeable on realizations, ou every orler, .$ 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 fourteen und 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—ench notice, Where the estimated value of the assets does not exceed $1,000 ; On the first twenty notices-each notice, ** 0.50 0,50 For each notice above twenty, 0.25 Each notice by au Official Receiver to a creditor of an adjourned meeting or an adjourned sitting of the Court, 0.25 For the Official Receiver supervising a special manager or the carrying on of • debtor's business, where the estimated assets exceed $1,000, a fou according to the following scale :—- If the gross assets are estimated by the Official Receiver not to excced $5,000, lf to exceed 25,000 but not to exceed $50,000, If to exceed $50,000 but not to exceed $100,000,... If to exceed $120,000 but not to exceed $200,000, If to exceed $200,000, Per week. $10.00 20.00 30.00 -40.00 50,00 Travelling, keeping possession, and other reasonable expenses of Official Receiver— the amount disbursed. For official stationery, printing, books, forms, aml postages, each estate :— For every ten applications to debtors to an estate, or fraction of ten, For every ten aretitors or fraction of ten where the estimated asseta exceed $1,000, $1.00 5.00 Where the estimated assets do not exceed $1,000,: For every ten creditors or fraction of ten up to twenty, For every tau creditors or fraction of teu above twenty, 5.00 2.50 On every payment under Section 80 of money out of the Bankruptcy Estates Account 10 cents on each $10 or fraction of $10 to be charged as follows:- When the money consists of unelaimed dividends, on such dividend paid out. When the money consists of undistributed fands or balances, on the amount paid out. Ordinance 7 of 189! (Second Schedule) Vide Government Notification No. 110 of 22nd April, 1910. 35
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(A 35)

SPECIFICATION OF TAXES, DUTIES &c.

Act of Colonial Legislature or other Authority ander which levied.

FERS OF Court or Office, &c.—Continued,

FRES of Court:—

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 secured creditors in respect of their securities and not being assete 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 the Official Receiver when acting as trustee to administer a debtor's property under a composition or scheme, after deducting any suns paid to secured creditors in respect of their securities, and not being moneys received and spent in carrying on the business of u debtor, a percentage according to the following scale :--

On the first $10,000 or fraction thereof,

next $15,000

יז

$5 per cent.

+

**

11

$25,000 $50,000

1

17

··

On all further sums,

3

་་

2

97

1

*

On the amount distributed to creditors by the Official Receiver when acting as

trustee uuder a composition :-

:-

On the first $5,000 or fraction thereof,.

**

1

next $5,000

+

$10,000

**

*

$2 per cent.

1

3+

י

On all further sums,

**

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 according to the following seato :—

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

next $15,000

14

"}

$25,000

14

·

#

$50,000

+

"

On all further sums,

.$2 per cent.

2

1+

1

*

For the Official Receiver acting as interim receiver of the property of a debtor in addition to the percentage chargeable on realizations, ou every orler,

.$ 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 fourteen und 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—ench notice, Where the estimated value of the assets does not exceed $1,000 ; On the first twenty notices-each notice,

**

0.50

0,50

For each notice above twenty,

0.25

Each notice by au Official Receiver to a creditor of an adjourned meeting or

an adjourned sitting of the Court,

0.25

For the Official Receiver supervising a special manager or the carrying on of

• debtor's business, where the estimated assets exceed $1,000, a fou according to the following scale :—-

If the gross assets are estimated by the Official Receiver not to excced

$5,000,

lf to exceed 25,000 but not to exceed $50,000,

If to exceed $50,000 but not to exceed $100,000,...

If to exceed $120,000 but not to exceed $200,000,

If to exceed $200,000,

Per week.

$10.00

20.00

30.00

-40.00

50,00

Travelling, keeping possession, and other reasonable expenses of Official Receiver—

the amount disbursed.

For official stationery, printing, books, forms, aml postages, each estate :—

For every ten applications to debtors to an estate, or fraction of ten, For every ten aretitors or fraction of ten where the estimated asseta

exceed $1,000,

$1.00

5.00

Where the estimated assets do not exceed $1,000,:

For every ten creditors or fraction of ten up to twenty, For every tau creditors or fraction of teu above twenty,

5.00

2.50

On every payment under Section 80 of money out of the Bankruptcy Estates Account

10 cents on each $10 or fraction of $10 to be charged as follows:-

When the money consists of unelaimed dividends, on such dividend paid out. When the money consists of undistributed fands or balances, on the amount

paid out.

Ordinance 7 of 189! (Second Schedule) Vide Government Notification No. 110 of 22nd April, 1910.

35

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