14980-1910-Scale-of-Fees-and-Percentages-under-the-Bank-ruptcy-Ordinance-1891 — Page 2

THE HONGKONG GOVERNMENT GAZETTE, APRIL 22, 1910.

193

15. Every allocatur by the taxing officer of the Court for any costs, charges, or dis-

bursements:-

Where the amount allowed shall not exceed $100

Where the amount exceeds $100:-

For the first $100

For every additional $100 or fraction thereof

16. Every application to the Court to appoint a special manager or to carry on the

business of a debtor

17. Every application under Section 80 to the Registrar of the Supreme Court for pay-

ment of money out of the Bankruptcy Estates Account

18. Every application to the Court to approve composition, a fee computed at the following rates on the gross amount of the composition, viz., $10 on every $1,000 or fraction of $1,00 up to $50,000 and $5 on every $1,000 or fraction of $1,000 beyond $50,000.

19. Every application to the Court to approve a scheme of arrangement, a fee com- puted at the following rates on the gross amount of the estimated assets (but not exceeding the gross amount of the unsecured liabilities), viz., $10 on every $1,000 or fraction of $1,000 up to $50,000, and $5 on every $1,000 or fraction of $1,000 beyond $50,000.

Provided that where a fee has been taken on a previous application to the Court to approve a composition or scheme, or where a fee has been paid under this table on the account submitted for andit, seven-eighths of the amount thereof shall be deducted from the fee payable on an application to approve a composition or scheme.

20. On one copy of an account, showing assets realized, forwarded by the Official Receiver or Trustee to the Registrar of the Supreme Court, a fee accoriling to the following scale on the gross amount of the assets realized and brought to credit, viz., $10 on every $1,000 or fraction of $1,000 up to $50,000 and $5 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 com- position or scheme of arrangement, seven-eighths of the amount thereof shall be deducted from the fee.

21. On every application for release by a trustee a fee of $1.25 on every $1,000 or

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

.$ 3.00

3.00

1.00

3.00

1.50

TABLE B.

1. On the net assets realized or brought to credit by the Official Receiver whether acting as interim receiver, receiver, or trustee, 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 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:-

On the first $10,000 or fraction thereof $5 per cent.

"}

next $15,000

$25,000 $50,000

25

""

2

On all further sums...

2. On the amount distributed to creditors by the Official Receiver when acting as trustee under a composition :-

On the first $ 5,000 or fraction thereof $2 per cent.

""

next $ 5,000

35

$10,000

1 *}

1

29

""

"

On all further sums.