Basic HTML Version
oo -
SPEcmcATioic
OF TAXES, DUTIES, AC.
•
* OFFICIAL RECEIVER'S FEES, PERCENTAGES AND
COSTS U N D E R T H E COMPANIES (LIMITED
LIABILITY) LAWS, 1922 TO 1934.
I. Onthe audit—
(a) of the accounts of the Official Receiver • .. .. { ^
v e r
X ° m a y direct.
6
(6) of the accounts of a liquidator other than the Official ) Such amount as the
Receiver .. ..
j Court m a y direct.f
AUTHORITY.
II. Where the
liquidator only:—
Official Receiver acta as provisional
(a) Where no winding-up order is made upon the petition,
or where a winding-up order is rescinded, or all further
proceedings are stayed, prior to the summoning of the
statutory meetings of creditors and contributories
Such amount as the
Court may consider
reasonable to be paid by
the petitioner, or by the
i company as the Court
| may direct, in respect
i of the services of the
Official Receiver as
I provisional liquidator.
(b) Where a winding-up order is made but the Official
Receiver is not continued as liquidator after the
statutory meetings of creditors and contributories :—
(1) In respect of every 10 members, creditors and
debtors, and every fraction of 10 up to 1,000
For every 10 or fraction of 10 above 1,000
Provided that where the net assets of the
company, including uncalled capital, are estimated
in the statement of affairs not to exceed £200, three-
fifths of the above fee only shall be charged.
(This fee to include cost of official stationery,
printing, books, forms and inland postages.)
(2) On the value of the company's property aa
estimated in the statement of affairs, after deducting
(in cases where a person other than the Official
Receiver has, prior to, but not on the day of, the
making of a winding-up order, been appointed
Receiver for debenture holders) the amount due to
debenture holders :—
On the first £5,000 or fraction thereof ..
On
;
the next £20,000 or fraction thereof
On the next £75.000 orfractionthereof
Above £100,000
m. In all other cases where the Official Receiver acts aa
liquidator of the company (to include his services as provisional
liquidator) :—
(1) In respect of every 10 members, creditors and debtors,
and everyfractionof 10 ..
Provided that where the net asaet3 of the company
including uncalled capital, do not exceed £200, three-
fifths of the above fee only shall be charged.
(This fee to include cost of official stationery, printing,
books, forms and inland postages.)
(2) Upon the total assets, including produce of calls on
contributories, realized or brought to credit by the
Official Receiver, after deducting sums on which fees are
chargeable under number IV below, and the amount
spent out of the money received, in carrying on the
business of the company :—
On the first £1,000 or fraction thereof
On the next £1,500 or fraction thereof
On the next £2,500 or fraction thereof
On the next £5,000 or fraction thereof
On the next £90,000 orfractionthereof
Above £100,000
(3) On the amount distributed in dividend or paid to
contributories, preferential creditors, and debenture
holders by the Official Receiver ..
£ s. cp.
- 15 0
- 7 4*
per cent.
The Comoanie-f
• (Winding-Uo) Rules,
*• 1933 and 1935, pub. in
Gaz. No. 2*~- of Sth
Nov., 1935.
£
1 10 0
Per
3
6
5
4
3
o
cent.
( Half the above percent-
[ ages.
t Payable to the person performing the work of auditing.