Bankruptcy Rules (Amendment) (Cth)

STATUTORY RULES.

1953. No. 101.

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RULE UNDER THE BANKRUPTCY ACT 1924-1950.

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I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Rules under the Bankruptcy Act 1924-1950.

Dated this twenty-sixth

day of November, 1953.

W. J. Slim

Governor-General.

By His Excellency’s Command,

J. A. Spicer.

Attorney-General.

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Amendments of the Bankruptcy Rules.

2

Commencement.

1. These Rules shall be deemed to have come into operation on the tenth day of August, 1953.

Amendment of Statutory Rules 1953, No. 71.

2. Rule 2 of the Statutory Rules 1953, No. 71 is amended by omitting from sub-rule (3.) the words “Table A in the Sixth Schedule” and inserting in their stead the words “Table 2 of the Sixth Schedule”.

Fees and percentages.

3. Rule 66 of the Bankruptcy Rules is amended by adding at the end thereof the following sub-rule:—

“(5.) Where—

(a) a trustee acts in succession to an Official Receiver; and

(b) the Official Receiver applies to the Registrar to reduce the amount of the fee payable to the Official Receiver under item 5 of Table B in the Third Schedule to those Rules,

the Registrar may, if he is satisfied that, in the circumstances, the full amount of the fee should not be payable, reduce the amount of the fee and the reduced amount shall thereupon be charged and payable instead of the full amount.”.

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Notified in the Commonwealth Gazette on  , 1953.

2

Statutory Rules 1934, No. 77, as amended by Statutory Rules 1935, Nos. 34 and 122; 1936, No. 101; 1937, No. 111; 1939, No. 41; 1940, No. 212; 1941, Nos. 12 and 55; 1942, No. 6; 1949. No. 100; and 1953, Nos. 71 and 79.

By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.

4926.—Price 3d. 10/11.11.1953.