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IV-
SPKCTFTCATTON OF TAXES, DUTIES, &C.
" OFFICIAL RECEIVER'S FEES A N D P E R C E N T A G E S U N D E R T H E
B A N K R U P T C Y LAW, 1930—continued.
On application being made for the approval of a scheme of arrangement £ ... p.
a fee computed at the following rates on the gross amount of the
estimated assets (but not exceeding the gross amount of the unsecured
liabilities), viz :—
O n thefirst£1,000 or fraction thereof, percent
10 0 0
On the nest £1,500 or fraction thereof, per cent
7 10 0
On all further sums, per cent
5 0 0
Where a fee has been taken on the occasion of a previous application
for the approval of a scheme, only two-fifths of the fee chargeable under this
item are taken in respect of a subsequent application for the approval of
-a scheme.
O n application being made for rescission of the receiving order or
.annulment of the adjudication, where the creditors' claims have been paid
either wholly or in part or otherwise settled or arranged, the same fee and
subject to the same abatements as on an application to approve a
composition or scheme, as the official receiver m a y decide according to the
nature of the case.
The three preceding items are interchangeable, and when an
application charged under one of them is followed by an application
chargeable under another, the fee to be paid on the second application is
decided by the official receiver after taking into account the fee already paid
on the first.
O n the net assets realized or brought to credit after deducting any
sums paid to secured creditors in respect of their securities :—
O n thefirst_l,000or fraction thereof, per cent
10 0 0
O n the next £1,500 or fractiont hereof, per cent
7 10 0
O n all further sums, per cent.
.. 5 0 0
Where a fee has already been taken in respect of a composition or
-scheme, only two-fifths of the percentage payable under this item are charged.
O n the net assets realized or brought to credit by the official receiver
(whether acting as interim receiver, receiver, or trustee in bankruptcy
or under a composition or scheme), 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, in addition to the percentage chargeable
nnder the preceding item—On every £100 or fraction thereof—percent. 2 10 0
-On the amount distributed to creditors by the official receiver whether
in bankruptcy or under a composition or scheme, not being moneys
paid in respect of securities other than securities given pursuant to
a composition or scheme—On every £100 or fraction thereof—percent. 2 10 0
jFor each week or fraction thereof that the official receiver acts as
interim receiver of a debtor's property, in addition to the percentages
chargeable on realizations..
100
3For each notice by the official receiver to a creditor .. .. .. - 1 4£
;For the official receiver supervising a special manager or the carrying
on of a debtor's business, where the estimated assets exceed £100,
a fee according to the following scale :—
_If the gross assets are estimated by the official receiver not to exceed
£200, per week
100
If to exceed £200 but not to exceed £1,000, per week
2 0 0
If to exceed £1,000, per week
4 0 0
For a room for meeting of creditors summoned by the official receiver .. Actual cost.
"For travelling, keeping possession, and other reasonable expenses of
the official receiver
Actual cost.
O n audit of the trustee's account by the court or by the official receiver
when acting as a committee of inspection, a fee to be computed on
the gross amount of the assets realized and brought to credit—On
every £100 or fraction thereof
100
Where a fee or fees has or have been taken on a previous audit or audits,
-the amount or amounts of such fee or fees are deducted from the fee payable
_on audit of the trustee's account. -
For appearances of the official receiver in Court or in chambers—IFrom 1 0 0
For each day or part of a day .. ..
) to 4 0 0
To befixedby the Court before which he appears on each occasion.
JFor keeping possession under a warrant
.. • • Actual cost.
AC THO-ITT.
The Bankruptcy
Rule? (No. 2). 1931.
pub. in Go-.-jNo. 2132
of 2nd Deo. 1931, aa
amended by the Bank–
ruptcy Rules,
1932,
pub. in Gaz. No. 2191
of Sth Jan.,
1932.
The
Bankruptcy
Rules,
1936, pub. in
}• Gaz. No. 2534 of 4th
Sept., 1936.
* The Bankruptcy
Rules (No. 2), 1931,
pub. in Gaz. No. 2182
of 2nd Deo., 1931, as
k
amended by the Bank
ruptcy Rules, 1932,
pub. in Gaz. No. 2191
of 8th Jan., 1932.