1937 — Page 48

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SPECIFICATION OF TAXES, DUTIES, &c.

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

BANKRUPTCY JURISDICTION

  1. On every application for release by a trustee, a fee of $2.50 on every $1,000 or fraction of $1,000 of assets realized and brought to credit.
  1. Registration of assignment of book debts under Rule 127.
Item Description Fee
(a) On producing original assignment, filing attested copy thereof and certified translation (when necessary) in the English language, including registering and marking original $1.00
(b) Every search or official certificate of the result of a search in one name in any register or index in the custody of the Registrar $1.00
(c) For every additional name if included in the same certificate $0.50
(d) For a duplicate copy of certificate if not more than 3 folios $0.50
(e) For every additional folio $1.00
(f) On filing certificate (in English) or other evidence of satisfaction to the approval of the Registrar $1.00

TABLE B.

1. On the net assets realized or brought to credit by the Official Receiver, whether acting as interim receiver, receiver, or trustee, or by a trustee other than the Official Receiver, 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 an Official Receiver when acting as trustee, or by a trustee other than the Official Receiver 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 Percentage
First $10,000 or fraction thereof 1.7%
Next $15,000 1.7%
Next $25,000 1.45%
Next $50,000 1.2%
All further sums 0.7%

Provided that where the assets realized or any part thereof consist of the profit on exchange contracts the following percentages shall be payable in respect of the net amount realized by such contracts:

Percentage
-- ------------
(a) Realized 0.24%
(b) Set off 0.12%

2. On the amount distributed to creditors by the Official Receiver or any other trustee, when acting as trustee under a composition:

Amount Distributed Percentage
First $5,000 or fraction thereof 1.5%
Next $5,000 1.25%
Next $10,000 1%
All further sums 0.75%

3. On the amount distributed in dividend by the Official Receiver, or any other trustee, when acting otherwise than as trustee under a composition:

Amount Distributed Percentage
First $10,000 or fraction thereof 3%
Next $15,000 2.5%
Next $25,000 2%
Next $50,000 1.5%
All further sums 1%

4. 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, 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:

Fee
-- -----
On every order $45.00
For every seven days after first fourteen days (or fraction thereof) $15.00

Authority: Section 115 of the Bankruptcy Ordinance, 1931, Ordinance 10 of 1931, on the 15th day of October, 1932, and approved by the Legislative Council on the 10th day of November, 1932.

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Page 46 (A 46)

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SPECIFICATION OF TAXES, DUTIES, &c. FEES OF COURT OR OFFICE, &c.,— Continued. BANKRUPTCY JURISDICTION On every application for release by a trustee, a fee of $2.50 on every $1,000 or fraction of $1,000 of assets realized and brought to credit. Registration of assignment of book debts under Rule 127. Item Description Fee (a) On producing original assignment, filing attested copy thereof and certified translation (when necessary) in the English language, including registering and marking original $1.00 (b) Every search or official certificate of the result of a search in one name in any register or index in the custody of the Registrar $1.00 (c) For every additional name if included in the same certificate $0.50 (d) For a duplicate copy of certificate if not more than 3 folios $0.50 (e) For every additional folio $1.00 (f) On filing certificate (in English) or other evidence of satisfaction to the approval of the Registrar $1.00 TABLE B. 1. On the net assets realized or brought to credit by the Official Receiver, whether acting as interim receiver, receiver, or trustee, or by a trustee other than the Official Receiver, 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 an Official Receiver when acting as trustee, or by a trustee other than the Official Receiver 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 Percentage First $10,000 or fraction thereof 1.7% Next $15,000 1.7% Next $25,000 1.45% Next $50,000 1.2% All further sums 0.7% Provided that where the assets realized or any part thereof consist of the profit on exchange contracts the following percentages shall be payable in respect of the net amount realized by such contracts: Percentage -- ------------ (a) Realized 0.24% (b) Set off 0.12% 2. On the amount distributed to creditors by the Official Receiver or any other trustee, when acting as trustee under a composition: Amount Distributed Percentage First $5,000 or fraction thereof 1.5% Next $5,000 1.25% Next $10,000 1% All further sums 0.75% 3. On the amount distributed in dividend by the Official Receiver, or any other trustee, when acting otherwise than as trustee under a composition: Amount Distributed Percentage First $10,000 or fraction thereof 3% Next $15,000 2.5% Next $25,000 2% Next $50,000 1.5% All further sums 1% 4. 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, 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: Fee -- ----- On every order $45.00 For every seven days after first fourteen days (or fraction thereof) $15.00 Authority: Section 115 of the Bankruptcy Ordinance, 1931, Ordinance 10 of 1931, on the 15th day of October, 1932, and approved by the Legislative Council on the 10th day of November, 1932. --- Page 46 (A 46) NODIG DAR
Baseline (Original)
46 (A 46 ) SPECIFICATION OF TAXES, DUTIES, &c. Act of Colonial Legislature or other Authority under which levied. FEES OF COURT OR OFFICE, &c.,— Continued. BANKRUPTCY JURISDICTION :— On every application for release by a trustee, a fee of $2.50 on every $1,000 or fraction of $1,000 of assets realized and brought to credit. Registration of assignment of book debis under Rule 127. (a) On producing original assignment, filing attested copy there of and certified translation (when necessary) in the English language, including registering and marking original................ (b) Every search or official certificate of the result of a search in one name in any register or index in the custody of the Registrar... (e) For every additional name if included in the same certificate...... (d) For a duplicate copy of certificate if not more than 3 folios......... (e) For every additional folio (/) On filing certificate (in English) or other evidence of satisfaction to the approval of the Registrar $ 1.00 1.00 لادة. .50 .50 1.00 TABLE B. + On the net assets realized or brought to credit by the Official Receiver, whether acting as interim receiver, receiver, or trustee, or by a trustee other than the Official Receiver, 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 an Official Receiver when acting as trustee, or by a trustee other than the Official Receiver to administer a debtor's property under a composition or scheme, ufter deducting any sums paid to secured creditors in respect of their securities, and not being moueys received and spent in carrying on the business of a debtor, a percentage according to the following scale: -- On the first $10,000 or fraction thereof, next $15,000 ++ " $25,000 " ++ " $50,000 17 17 On all further sums, .7 per cent. 6 .45 9] 3 "} .2 14 Provided that where the assets realized or any part thereof consist of the profit ou exchange contracts the following percentages shall be pay- able in respect of the net amount realized by such contracts:- (a) Realized. (8) Set off,. .24 per cent. ....1 # ++ On the amount distributed to creditors by the Official Receiver or any other trustee, when acting as trustee under a composition :- 1 On the first $5,000 or fraction thereof, 11 next $5,000 11 17 " $10,000 37. 31 On all further sums, 3 per cent. 2+ I 12 2 Section 115 of the Bank- ruptey Ordinance, 1931, Ordinance 10 of 1931, on the 15th day of Octo- her, 1932, and approved by the Legislative Coun- eil on the 10th day of November, 1932. On the amount distributed in dividend by the Official Receiver, or any other trustee, when acting otherwise than as trustee under a composition On the first $10,000 or fraction thereof,..... 3 per cent. 3 next $15,000 " } $25,000 *1 "J $50,000 On all further sums, " 19 ** # NODIG DAR 24 + 59 1 " For the Official Receiver acting as interiu receiver of the property of a debtor, in addition to the percentage chargeable on realizations, on every order, 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........................... $45.00 15.00
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46

(A 46 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

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

BANKRUPTCY JURISDICTION :—

  1. On every application for release by a trustee, a fee of $2.50 on every

$1,000 or fraction of $1,000 of assets realized and brought to credit.

  1. Registration of assignment of book debis under Rule 127.

(a) On producing original assignment, filing attested copy there of and certified translation (when necessary) in the English language, including registering and marking original................

(b) Every search or official certificate of the result of a search in one name in any register or index in the custody of the Registrar... (e) For every additional name if included in the same certificate...... (d) For a duplicate copy of certificate if not more than 3 folios......... (e) For every additional folio

(/) On filing certificate (in English) or other evidence of satisfaction

to the approval of the Registrar

$ 1.00

1.00

لادة.

.50

.50

1.00

TABLE B.

+

  1. On the net assets realized or brought to credit by the Official Receiver, whether acting as interim receiver, receiver, or trustee, or by a trustee other than the Official Receiver, 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 an Official Receiver when acting as trustee, or by a trustee other than the Official Receiver to administer a debtor's property under a composition or scheme, ufter deducting any sums paid to secured creditors in respect of their securities, and not being moueys received and spent in carrying on the business of a debtor, a percentage according to the following scale:

--

On the first $10,000 or fraction thereof,

next $15,000

++

"

$25,000

"

++

"

$50,000

17

17

On all further sums,

.7 per cent.

6

.45

9]

3

"}

.2

14

Provided that where the assets realized or any part thereof consist of the profit ou exchange contracts the following percentages shall be pay- able in respect of the net amount realized by such contracts:-

(a) Realized.

(8) Set off,.

.24 per cent.

....1 #

++

  1. On the amount distributed to creditors by the Official Receiver or any other

trustee, when acting as trustee under a composition :-

1

On the first $5,000 or fraction thereof,

11

next $5,000

11

17

"

$10,000

37.

31

On all further sums,

3 per cent.

2+

I

12 2

Section 115 of the Bank- ruptey Ordinance, 1931, Ordinance 10 of 1931, on the 15th day of Octo- her, 1932, and approved by the Legislative Coun- eil on the 10th day of November, 1932.

  1. On the amount distributed in dividend by the Official Receiver, or any other

trustee, when acting otherwise than as trustee under a composition

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

3 per cent.

3

next $15,000

"

}

$25,000

*1

"J

$50,000

On all further sums,

"

19

**

#

NODIG DAR

24

+

59

1

"

  1. For the Official Receiver acting as interiu receiver of the property of a debtor, in addition to the percentage chargeable on realizations, on every order,

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...........................

$45.00

15.00

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