Andit Office,
I say that with concurrence of the C.F.A.G. Lord Ripen proposes to inform the Gov. that he has read Mr. Hakrogd's explanations with much satisfaction & agrees in view expressed in par. 49.
No serious irregularity in the administration of the Bankruptes Accounts has been brought to light, the Gov. has no doubt to expect that the minor irregularities to which Mr. Nicolle has carefully drawn attention & which are admitted to have taken place will not be repeated.
After perusing (especially the first six pars.) the C.F.A.G. will probably agree that the work involved in keeping & auditing these Accounts will not be as heavy as was at first supposed.
2. As regards par. I of this draft, it appears (as W. Winsfeld suggested in margin at par. I of draft on 20846/93) that the monies in the hands of the Official Receiver are so small & remain in his hands for such a short time that I do not recommend any investment for them. I therefore agree with the Gov. that no investment "is called for & the Law need not be amended."
But as regards the Bankrupt Estates Account - in the hands of the Registrar - the monies have been dealt with like the rest of the Court's funds. The question therefore resolves itself into the more general question of the Court's Funds.
These Funds are considerable in amount, but they are not recorded in any returns sent home. They should, I think, be included in the returns of the Bank Balances sent home monthly, and they should also appear, as in other Colonies (including the Straits), in the Annual Statement of Liabilities which should show all the money for which the Gov. or any officer of the Gov. is responsible.
The Interest earned by the funds in hands of the Registrar amounted to $35,000 in 10 years. I cannot find out how much of this has gone to the parties concerned. I sent the specimen statement of Registrar's Accounts (in 2019/91) to him.
Andit Office,
I say
that with concurrence of the C. Fa. G. Lord Ripen proposes tinform the for. that he has read mi hakrogd's
explanations with much satisfaction agrees in view expressed in par. 49.
no serious irregulant in the admin nistration of the Bankruptes Accounts
findardship.
that
X.
It will
Safer m
detail but somet
has been brought & light, the has no doubt to spect that the minor irregularities to which Mr. Nicolle has urefully drawn attention
I which are admitted to have taken place will not be repeated.
in writing
4.0.
gemerali
with such
both the
this Report
Bankrup
offrivals
Localam
& Add that after perusing (especially the first six pars. ) the C.ta.g.
then mark
then perfo
will probably agree that the work involved to keep t
auditing these Accounts will not
as was at first suppored.
win
be heavy
2. As regards far. I of this desk", it appears (as W. Winsfeld suggested in margin at par. I off draft.
on 20846/93)
that the monies in the hands
Official Receiver are
thu
f Sosmall d remain
in his hands for such a short time that
Jaysh.a.
separate
We
may
far
I do not recommend any investment for
therefore agree
Hann
with the for as these monies are concerned that no investment "is called for titter Law need not be amended?
But as regards the Bankrupt Estates Account - in the hands of the Registrar- the monies have been sted Dan Defaulted the Decades ok specy
of their to Duties
pan. 44
par. 43
fee Enc. in
dealt with like the rest of
the Conste then 114
monly in the hands. Registrar, thave been in part deposited in the Bank at 500g.
The question therefore resolves toelf into the more general
question of there Courty Funds.
These Funds are
verz
4019/9, at which in amount, but they (i) recorded in any
at they $300
home to this Office
They
considerable
mot
amme
retums sent
suifly because
are in hands of Registion of
the Court not of
the Treasur
گے
I think that as in the case thee Shaits Lett. they should for hated be included in the retums of ther Bank Balances sent home monthly, and they I am toldat should also appear as in other Colmies (including the Straits) in the Animal Statement of thiabilities which should show Susy all the money for which ther for hier any officer of the for " is responsible. *
0.0. that it
in the general rule
par.43
Assets
The Interest carned by the
the Registan funds in hands of
of Hmesking hers amounted to $35,000
in 10 gear,
واسه
cannot find out how much of this has gone to for- thow much the parties concerned. Isent the specimen statement of Registrar's Accounts (in 2019/91) to hid.
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