1936 — Page 49

( A 46 )

SPECIFICATION OF TAXES, DUTIES &c.

A ct of Colonini Legislature or other Authority under which levied.

FEES OF COUrt or Office, &c.,—Continued,

BANKRUPTCY JURISDICTION :—

5. 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 assets exceeds $1,000 each notice, $0.50 Where the estimated value of the assets does not exceed $1,000 :—

On the first twenty notices—each notice, For each notice above twenty,

0.50

0.25

Each notice by an Official Receiver to a creditor of an adjourned

meeting or an adjourned sitting of the count,

0.25

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

J'er weck.

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

exceed $5,000, .

$15.00

If to exceed $5,000 but not to exceed $50,000,

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

If to exceed $100,000 but not to exccal $200,000, If to exceed $200,000,.

30.00

45.00

60.00

75.00

7. Travelling, keeping possession, and other reasonable expenses of Official

Receiver or trustee-the amount disbursed.

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

For every teu applications to delitors to an estate, or fraction of ten, $ 1.50 Where the estimated assets exceed $1,000 :—

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

For every teu creditors or fraction of ten, ..........

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

7.50

7.50

3.75

9. A fee according to the following scale on the gross amount of the assets realised

and brought to credit shall be paid :—

(i) in respect of estates in which the Official Roceiver acts as trustee, wheu be accounts to the court under section 78(3) of the Bankruptcy Ordinance, 1931.

(ii) in respect of estates in which the Official Receiver is not acting as trustee, when the trustee seuls his accounts to the Official Receiver under section 95(1) of the Bankruptcy Ordinance, 1931.

SCALE

$15 on every 1,000 or fraction of $1,000 up to $50,000.

$7.50 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-eighths of the amount thereof shall be deducted from the fee.

10. On every payment of money out of the Bankruptcy Estates Account 20 cent<

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

When the money consists of unclaimed dividends, on each dividend paid

· out.

When the money consists of undistributed funds or balances, on the amount

paid out.

TABLE C.

Scale of Allowances to Auctioneers, Accountants and Special Managers.

I. 182.

All the following charges shall be subject to reduction by agreement with the Officia!

Receiver or the trustee,

Pure Personal Property.

1.-Auctioneers.

For inventory, only, and one copy (not exceeding 5 folios). For every additional folio beyond 5 up to 20 and one copy For each folio above 20, and one copy......

For inventory and valuation :--

On the first $1,000 ....

On the next $4,000................

Above $5,000 up to $100,000 Above $100,000

15.00

1.00

.75

per cent.

J1

"2

14

מ

Section 115 of the Bank- ruptcy Ordinance, 1931, Ordinance 10 of 1931, on the 15th day of Octo- ber, 1932, and approved by the Legislative Coun- cil on the 10th day of November, 1932.