1950_BANKRUPTCY_RULES — Page 147

HK Historical Laws 香港歷史法例 All AI Reviewed

6.

Bankruptcy.

For the Official Receiver supervising a special manager or the carrying on of a debtor's business, where the estimated assets exceed $1,000—a fee according to the following scale—

If the gross assets are estimated by the Official Receiver not to exceed $5,000

Per week. $ c. 15.00 If to exceed $5,000 but not to exceed $50,000 30.00 "" "" "" "" 50,000 100,000 "" "" 45.00 "" 100,000 200,000 "" "" 60.00 75.00

7. Travelling, keeping possession and other reasonable expenses of Official Receiver or trustee—the amount disbursed.

8. For official stationery, printing, books, forms and postages — each estate —

for every ten applications to debtors to an estate, or fraction of ten

Where the estimated assets exceed $1,000— $ c. 1.50 for every ten creditors or fraction of ten 7.50 Where the estimated assets do not exceed $1,000— for every ten creditors or fraction of ten up to twenty 7.50 for every ten creditors or fraction of ten above twenty 3.75

9. A fee according to the following scale on the gross amount of the assets realized and brought to credit shall be paid —

(a) in respect of estates in which the Official Receiver acts as trustee, when he accounts to the court under subsection (3) of section 78 of the Ordinance;

(b) in respect of estates in which the Official Receiver is not acting as trustee, when the trustee sends his accounts to the Official Receiver under subsection (1) of section 93 of the Ordinance.

Scale.

$15 on every $1,000 or fraction of $1,000 up to $50,000 $7.50 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 composition or scheme of arrangement, seven-eighths of the amount thereof shall be deducted from the fee.

10. On every payment of money out of the Bankruptcy Estate Account—20 cents on each $10 or fraction of $10 to be charged as follows —

When the money consists of unclaimed dividends—on each dividend paid out.

When the money consists of undistributed funds or balances — on the amount paid out.

TABLE C.

[rule 181.]

Scale of allowances to auctioneers, accountants and special managers.

All the following charges shall be subject to reduction by agreement with the Official Receiver or the trustee.

507

[CAP. 6

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6. Bankruptcy. For the Official Receiver supervising a special manager or the carrying on of a debtor's business, where the estimated assets exceed $1,000—a fee according to the following scale— If the gross assets are estimated by the Official Receiver not to exceed $5,000 Per week. $ c. 15.00 If to exceed $5,000 but not to exceed $50,000 30.00 "" "" "" "" 50,000 100,000 "" "" 45.00 "" 100,000 200,000 "" "" 60.00 75.00 7. Travelling, keeping possession and other reasonable expenses of Official Receiver or trustee—the amount disbursed. 8. For official stationery, printing, books, forms and postages each estate for every ten applications to debtors to an estate, or fraction of ten Where the estimated assets exceed $1,000— $ c. 1.50 for every ten creditors or fraction of ten 7.50 Where the estimated assets do not exceed $1,000— for every ten creditors or fraction of ten up to twenty 7.50 for every ten creditors or fraction of ten above twenty 3.75 9. A fee according to the following scale on the gross amount of the assets realized and brought to credit shall be paid (a) in respect of estates in which the Official Receiver acts as trustee, when he accounts to the court under subsection (3) of section 78 of the Ordinance; (b) in respect of estates in which the Official Receiver is not acting as trustee, when the trustee sends his accounts to the Official Receiver under subsection (1) of section 93 of the Ordinance. Scale. $15 on every $1,000 or fraction of $1,000 up to $50,000 $7.50 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 composition or scheme of arrangement, seven-eighths of the amount thereof shall be deducted from the fee. 10. On every payment of money out of the Bankruptcy Estate Account—20 cents on each $10 or fraction of $10 to be charged as follows When the money consists of unclaimed dividends—on each dividend paid out. When the money consists of undistributed funds or balances on the amount paid out. TABLE C. [rule 181.] Scale of allowances to auctioneers, accountants and special managers. All the following charges shall be subject to reduction by agreement with the Official Receiver or the trustee. 507 [CAP. 6
Baseline (Original)
6. Bankruptcy. For the Official Receiver supervising a special manager or the carrying on of a debtor's business, where the estimated assets exceed $1,000-a fee according to the following scale- If the gross assets are estimated by the Official Receiver not to exceed $5,000 Per week. $ c. 15.00 30.00 100,000 45.00 200,000 60.00 75.00 If to exceed $ 5,000 but not to exceed $ 50,000 "" "" "" 99 " " 50,000 100,000 200,000 12 " "" " " "" 7. Travelling, keeping possession and other reasonable expenses of Official Receiver or trustee-the amount disbursed. 8. For official stationery, printing, books, forms and postages --each estate- for every ten applications to debtors to an estate, or fraction of ten Where the estimated assets exceed $1,000— $ c. 1.50 for every ten creditors or fraction of ten Where the estimated assets do not exceed $1,000-— 7.50 for every ten creditors or fraction of ten up to twenty 7.50 3.75 for every ten creditors or fraction of ten above twenty 9. A fee according to the following scale on the gross amount of the assets realized and brought to credit shall be paid- (a) in respect of estates in which the Official Receiver acts as trustee, when he accounts to the court under subsection (3) of section 78 of the Ordinance; (b) in respect of estates in which the Official Receiver is not acting as trustee, when the trustee sends his accounts to the Official Receiver under subsection (1) of section 93 of the Ordinance. Scale. $15 on every $1,000 or fraction of $1,000 up to $50,000 $7.50 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 composition or scheme of arrangement, seven-eighths of the amount thereof shall be deducted from the fee. 10. On every payment of money out of the Bankruptcy Estate Account-20 cents on each $10 or fraction of $10 to be charged as follows- When the money consists of unclaimed dividends-on each dividend paid out. When the money consists of undistributed funds or balances -on the amount paid out. TABLE C. [rule 181.] Scale of allowances to auctioneers, accountants and special managers. All the following charges shall be subject to reduction by agreement with the Official Receiver or the trustee. 507 [CAP. 6
2026-05-03 17:45:49 · Baseline
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6.

Bankruptcy.

For the Official Receiver supervising a special manager or the carrying on of a debtor's business, where the estimated assets exceed $1,000-a fee according to the following scale-

If the gross assets are estimated by the Official

Receiver not to exceed $5,000

Per

week.

$ c.

15.00

30.00 100,000 45.00 200,000 60.00

75.00

If to exceed $ 5,000 but not to exceed $ 50,000

""

""

"" •

99

"

"

50,000 100,000 200,000

12

"

""

"

"

""

7. Travelling, keeping possession and other reasonable expenses of Official Receiver or trustee-the amount disbursed.

8. For official stationery, printing, books, forms and postages --each estate-

for every ten applications to debtors to an estate,

or fraction of ten

Where the estimated assets exceed $1,000—

$ c.

1.50

for every ten creditors or fraction of ten Where the estimated assets do not exceed $1,000-—

7.50

for every ten creditors or fraction of ten up to

twenty

7.50

3.75

for every ten creditors or fraction of ten above

twenty

9. A fee according to the following scale on the gross amount of the assets realized and brought to credit shall be paid-

(a) in respect of estates in which the Official Receiver acts as trustee, when he accounts to the court under subsection (3) of section 78 of the Ordinance;

(b) in respect of estates in which the Official Receiver is not acting as trustee, when the trustee sends his accounts to the Official Receiver under subsection (1) of section 93 of the Ordinance.

Scale.

$15 on every $1,000 or fraction of $1,000 up to $50,000 $7.50 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 composition or scheme of arrangement, seven-eighths of the amount thereof shall be deducted from the fee.

10. On every payment of money out of the Bankruptcy Estate Account-20 cents on each $10 or fraction of $10 to be charged as follows-

When the money consists of unclaimed dividends-on each

dividend paid out.

When the money consists of undistributed funds or balances

-on the amount paid out.

TABLE C.

[rule 181.]

Scale of allowances to auctioneers, accountants

and special managers.

All the following charges shall be subject to reduction by agreement with the Official Receiver or the trustee.

507

[CAP. 6

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