Bankruptcy.
3.-Special manager's and accountant's charges.
Where the employment of a special manager or accountant has been duly sanctioned, and in the absence of any special arrangement with the Official Receiver or the trustee for a smaller amount, the following charges may be allowed-
For carrying on a business and supervising same and all accounting, collecting and realizing assets in respect thereof or preparing balance sheet, investigating accounts, etc.-principal's time, exclusively employed, per day of six hours, including necessary affidavit verifying accounts
Chartered or Incorporated Accountants other than principals
Chief clerk's time
Other clerk's time, per day of seven hours
$100 to $175
$75 to $100
$19
$20
$45
""
$5
$20
""
These charges shall include stationery, except the forms used.
N.B.-Only the minimum charges will be allowed as a rule, unless there is good reason for increasing them, such as the difficulty and unusual nature of the business to be carried on, the complexity of negotiations or other similar considerations.
CHAPTER 7.
(Ordinance No. 1 of 1883).
DISTRESS FOR RENT.
No subsidiary legislation.
CHAPTER 8.
(Ordinance No. 2 of 1889).
EVIDENCE.
No subsidiary legislation.
509
[CAP. 6
Bankruptcy.
3.-Special manager's and accountant's charges.
Where the employment of a special manager or accountant has been duly sanctioned, and in the absence of any special arrange- ment with the Official Receiver or the trustee for a smaller amount, the following charges may be allowed-
For carrying on a business and supervising same and all accounting, collecting and realizing assets in respect thereof or pre- paring balance sheet, investigating accounts, etc.-principal's time, exclusively SQ employed, per day of six hours, including necessary affidavit verifying
accounts
Chartered or Incorporated Accountants other
than principals
Chief clerk's time
Other clerk's time, per day of seven hours
100 to 175
75 100
19
20
45
""
5
20
"
These charges shall include stationery, except the forms used.
N.B.-Only the minimum charges will be allowed as a rule, unless there is good reason for increasing them, such as the difficulty and unusual nature of the business to be carried on, the complexity of negotiations or other similar considerations.
CHAPTER 7.
(Ordinance No. 1 of 1883).
DISTRESS FOR RENT.
No subsidiary legislation.
CHAPTER 8.
(Ordinance No. 2 of 1889).
EVIDENCE.
No subsidiary legislation.
509
[САР. 6
No comments yet.
Private notes are available after approval.