1934 — Page 46

(A 44 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

FEES OF COURT OR OFFICE, &c.,—Continued.

BANKRUPTCY JURISDICTION :—

For sales by private contract based on the valuation, balf the above charges for

inventory and valuation.

For sales by auction, in addition to such out-of-pocket expenses as may be

authorised at the time by the Official Receiver or trustee :-

On the first $1,000.

On the next $4,000..

On the next $5,000.

Above $10,000

6 per cent.

J

+1

51

4

>>

"

2호

+9

**

Leaseholds.

For sales by suction of leasehold property including prior valuations, for determin- ing amount of reserve bids-and for sale, by private contract, to include prior valnation.

On the first $ 3,000.......

On the next $17,000...

Above up to $50,000....

Above $30,000

5 per cent.

2}

**

25

"

39

#

33

2.—Architects.

For valuation of leasehold property and reporting thereon a fee to be fixed by

agreement but not to exceed :—

On the first $10,000...

On the next $90,000..

1 per cent.

}

15

"

Above $100,000........

Cost of Surveys dilapidations and specifications in discretion of taxing officer

$25 to $100.

The foregoing charges to be in addition to such out-of-pocket expenses as may be

authorised at the time ly the Official Receiver or trustee.

General.

An Arebitect or Auctioneer who uses his owu motor car or motor cycle, instead of travelling by railway or hired vehicles, shall be entitled if the Taxing Officer is satisfied that such user was reasonable to an allowance not exceeding 25 cents per mile.

Fees for services not provided for iu the scale may be fixed by agreement with the

trustee and the consent of the Committee of Inspection.

3.— Special Manager's and Accountant's Charges.

Where the employment of a special manager or accountant has been duly sanctioned, and in the absence of any special arrangement with the Official Receiver or the trustee for a smaller amount, the following charges may be allowed :--

For carrying on a business and supervising same and all accounting, collecting and realising assets in respect thereof or preparing balance sheet, investigat- ing accounts etc., principal's time, exclusively so employed, per day of six hours, including necessary affidavit verifying accounts

Chartered or incorporated accountants other than principals.

Chief clerk's time

Other clerk's time, per day of seven hours .

These charges shall include stationery, except the forms used.

$100 to $175

$75 to $100

.$ 20 to $ 45

$5 to $ 20

N.B.—Only the minimum charges will be allowed as a rule, unless there is good reason for increasing them, such as the difficulty and unusual outure of the business to be carried on, the complexity of negotiations, or other similar considerations.

Section 115 of the Bank- ruptcy Ordinance, 1931, Ordinance No. 10 of 1931, on the 15th day of October, 1932, and approved by the Legis- lative Council on the 10th day of November, 1932.