1912_BANKRUPTCY_ORDINANCE__1891 — Page 59

HK Historical Laws 香港歷史法例 All AI Reviewed

664

No. 7 of 1891.

BANKRUPTCY.

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.

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 according 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 application to approve a composition 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.

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 On all further sums 4 1/4

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 $10,000 1 1/2 On all further sums 1

3. On the amount distributed in dividend by the Official Receiver, when acting as trustee under adjudications, schemes, or orders of administration of the property of a deceased insolvent, a percentage according to the following scale :—

On the first $10,000 or fraction thereof $2 3/4 per cent. next $15,000 2 1/4 $25,000 $50,000 1 3/4 On all further sums 1 1/2

...ruptc charg

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664 No. 7 of 1891. BANKRUPTCY. 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. 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 according 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 application to approve a composition 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. 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 On all further sums 4 1/4 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 $10,000 1 1/2 On all further sums 1 3. On the amount distributed in dividend by the Official Receiver, when acting as trustee under adjudications, schemes, or orders of administration of the property of a deceased insolvent, a percentage according to the following scale :— On the first $10,000 or fraction thereof $2 3/4 per cent. next $15,000 2 1/4 $25,000 $50,000 1 3/4 On all further sums 1 1/2 ...ruptc charg
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" 664 No. 7 of 1891. BANKRUPTCY. 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. 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 according 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 application to approve a composition 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. 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 11 21 $50,000 On all further sums J 4 1 >> 2 1 4. prop real 5. any car 6) $1,0 7. Offici 8. estate 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. 11 "J 13 next $ 5,000 $10,000 On all further sums " 11 "" 1 ?? 3 3. On the amount distributed in dividend by the Official Receiver, when acting as trustee under adjudications, schemes, or orders of administration of the property of a deceased insolvent, a percentage according to the following scale :— On the first $10,000 or fraction thereof $23 per cent. 2 11 " 21 next $15,000 21 " 11 J} #1 $25,000 $50,000 J 1 " "} 21 On all further sums 9. ruptc charg P
2026-05-03 01:00:50 · Baseline
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"

664

No. 7 of 1891.

BANKRUPTCY.

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.

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 according 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

application to approve a composition 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.

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

11

21

$50,000

On all further sums

J

4

1

>>

2

1

4.

prop real

5.

any

car

6)

$1,0

7. Offici

8. estate

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.

11

"J

13

next $ 5,000 $10,000

On all further sums

"

11

""

1

??

3

3. On the amount distributed in dividend by the Official Receiver, when acting as trustee under adjudications, schemes, or orders of administration of the property of a deceased insolvent, a percentage according to the following scale :—

On the first $10,000 or fraction thereof $23 per cent.

2 11

"

21

next $15,000

21

"

11

J}

#1

$25,000 $50,000

J

1

"

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21

On all further sums

9.

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