XN000022-1989-07-06 — Page 6

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THURSDAY, JULY 6, 1989

REVISION OF OFFICIAL RECEIVER'S OFFICE FEES

CERTAIN MINOR FEES PAYABLE TO THE OFFICIAL RECEIVER'S OFFICE RELATING TO BANKRUPTCY AND COMPANIES WINDING UP PROCEEDINGS WILL BE REVISED FROM TOMORROW (FRIDAY), A GOVERNMENT SPOKESMAN SAID TODAY (THURSDAY).

THE REVISIONS ARE CONTAINED PERCENTAGES) (AMENDMENT) · ORDER. 1989 PERCENTAGES) { AMENDMENT) ORDER 1989, THE LEGISLATIVE COUNCIL

IN THE BANKRUPTCY ( FEES AND AND THE COMPANIES (FEES AND WHICH HAVE BEEN APPROVED BY

MINOR

"APART FROM INCREASING CERTAIN PRESCRIBES ONE NEW FEE, THE SPOKESMAN SAID.

FEES, EACH ORDER ALSO

"THE FORMER INTRODUCES A NEW FEE PAYABLE FOR INSERTION IN THE GAZETTE OF A NOTICE RELATING TO BANKRUPTCY AT A LEVEL OF $175.

"THE LATTER PRESCRIBES A NEW FEE WHICH IS PAYABLE ON AN APPLICATION FOR RELEASE BY A LIQUIDATOR FOR EVERY $1,000

FRACTION OF $1,000 OF THE GROSS AMOUNT OF ASSETS REALISED AND BROUGHT TO CREDIT AT A LEVEL OF $5," THE SPOKESMAN SAID.

"THE TWO ORDERS WILL BE GAZETTED TOMORROW. THE NEW FEES AND THE REVISED ONES WILL COME INTO EFFECT ON THE SAME DATE EXCEPT FOR THE NEW COMPANIES FEE ON APPLICATION FOR RELEASE BY A LIQUIDATOR WHICH WILL ONLY APPLY TO WINDING UP CASES COMMENCING AFTER THAT DATE, ** HE ADDED.

'BOUGHT PLACES' SCHEME FOR PRIVATE HOMES FOR THE ELDERLY

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* * * ‡

A "BOUGHT PLACES" SCHEME FOR RESIDENTIAL PLACES IN PRIVATE HOMES FOR THE ELDERLY WILL BE IMPLEMENTED IN OCTOBER THIS YEAR, A SOCIAL WELFARE DEPARTMENT SPOKESMAN SAID TODAY (THURSDAY).

TO

"OPERATORS OF PRIVATE HOMES FOR THE ELDERLY WILL BE INVITED PARTICIPATE IN THE SCHEME AFTER THE DETAILS HAVE BEEN FINALISED, HE

SAID.

H

COMMITTEE HAS MILLION FOR A OF UP ΤΟ 500 PLACES

THE SUBVENTION AND - LOTTERIES FUND ADVISORY ALLOCATED. AT ITS RECENT MEETING, A TOTAL OF $30. 6 TWO-YEAR PILOT PROJECT TO FACILITATE PURCHASE FROM PRIVATE HOMES FOR THE ELDERLY PEOPLE.

THE SCHEME WILL BE REVIEWED SIX MONTHS AFTER IMPLEMENTATION DECIDE WHETHER THE NUMBER OF "BOUGHT PLACES" SHOULD BE ADJUSTED.

TO

/PLACES BOUGHT