189223-1932-Scale-of-fees-and-percentages-prescribed-by-the-Chief-Justice-under-section-115-of-the-Bank-ruptcy-Ordinance-1931 — Page 2

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THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 18, 1932.

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 audit, seven-eighths of the amount thereof shall be deducted from the fee payable on an application to approve a composition or scheme.

19. 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.

20. Registration of assignment of book debts under Rule 127.

(a) On producing original assignment, filing

attested copy thereof and certified transla- tion (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

$1.00

1.00

(c) For every additional name if included in the

same certificate

.50

(d) For a duplicate copy of certificate if not

more than 3 folios

.50

(e) For every additional folio

.50

(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 :-

*

On the first $10,000 or fraction thereof, On the next $15,000 or fraction thereof,

On the next $25,000 or fraction thereof, On the next $50,000 or fraction thereof, On all further sums,

7 per cent

41

3

2

1

1*

21

++

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 :-

(a) Realized,

(b) Set off,

21 per cent

1 >

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

On the first $5,000 or fraction thereof, On the next $5,000 or fraction thereof, On the next $10,000 or fraction thereof, On all further sums,

per cent

21

14

2

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