WEDNESDAY, JULY 5, 1989
APPROVED NON-RECURRENT
THE
31
COMMITMENTS WERE
NEW NON-RECURRENT
BY INCREASED
COMMITMENTS
$35.4 OK
PERIOD, AND MILLION DURING $513.7 MILLION WERE ALSO APPROVED.
IN THE SAME PERIOD, A NET INCREASE OF 1,189 POSTS WAS APPROVED.
APPROVED
MR NENDICK SAID ITEMS IN THE SUMMARY HAD BEEN BY THE FINANCE COMMITTEE OR UNDER DELEGATED AUTHORITY, AND THE HAD BEEN REPORTED TO THE COMMITTEE.
EITHER LATTER
ORDERS ON FEE INCREASES APPROVED
TWO ORDERS INCREASES IN
FEES
THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY) APPROVED
6 CONCERNING MADE BY THE CHIEF JUSTICE ON JUNE RELATING TO BANKRUPTCY AND COMPANIES WINDING UP PROCEEDINGS.
(FEES AND PERCENTAGES) (AMENDMENT} THEY WERE THE BANKRUPTCY
AND THE COMPANIES ORDER 1989, MADE UNDER THE BANKRUPTCY ORDINANCE,
COMPANIES (FEES AND PERCENTAGES) (AMENDMENT) ORDER 1989 MADE UNDER THE ORDINANCE.
IN
ACTING MOVING MOTIONS THAT THE COUNCIL APPROVE THE ORDERS, THE
SAID THE FIRST ORDER DAVID NENDICK,
IN FINANCIAL SECRETARY, THE HON
RESPECT OF PROCEEDINGS INCREASED VARIOUS FEES PAYABLE
COSTS SINCE THE FEES BANKRUPTCY TO TAKE ACCOUNT OF THE INCREASE IN WERE LAST REVISED.
INSERTION
IN WITH A
THE ORDER ALSO PRESCRIBED A NEW FEE PAYTABLE FOR
TO BANKRUPTCY TO ACCORD THE GAZETTE OF A NOTICE RELATING SIMILAR PROVISION IN THE COMPANIES (FEES AND PERCENTAGES) ORDER.
INCREASED VARIOUS FEES
PAYABLE IN ORDINANCE ΤΟ
HE SAID THE SECOND ORDER RELATION TO WINDING UP PROCEEDINGS UNDER THE COMPANIES TAKE ACCOUNT OF A SIMILAR INCREASE IN THE COST OF SERVICES.
APPLICATIONS
THE ORDER ALSO PRESCRIBED A NEW FEE IN RESPECT OF
A SIMILAR FOR RELEASE MADE BY A LIQUIDATOR TO ACCORD WITH IN THE BANKRUPTCY (FEES AND PERCENTAGES) ORDER.
PROVISION
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