Bankruptcy Rules (Amendment) (Cth)

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STATUTORY RULES.

1939. No. 41.

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RULES UNDER THE BANKRUPTCY ACT 1924-1933.*

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 1924-1933.

Dated this Twenty-fourth

day of May,1939.

(SGD.) W. M. HUGHES

(SGD.) GOWRIE.

Governor-General.

By His Excellency’s Command,

Attorney-General.

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Amendment of the Bankruptcy Rules. 

Commencement.

1. These Rules shall be deemed to have come into operation on the first day of January, 1937.

Amendment of Item 13 of Table A of the Third Schedule.

2. Item 13 of Table A in the Third Schedule to the Bankruptcy Rules is amended by omitting the words “On all further sums, 10s. per cent.” and inserting in their stead the following words and figures:—

“On the next £10,000 or fraction thereof, 10s. per cent.

On all further sums, 4s. per cent.”.

Amendment of Sixth Schedule.

3. Table 2 of the Sixth Schedule to the Bankruptcy Rules is repealed and the following Table inserted in its stead:—

“Table 2.

Fees of Official Receivers.

Where the amount realized or brought to credit—

The fee shall be—

does not exceed £50..............................................................................

£5

exceeds £50 but does not exceed £100..............................................

£9

exceeds £100 but does not exceed £200............................................

£16

exceeds £200 but does not exceed £300............................................

£21

exceeds £300 but does not exceed £400............................................

£24

exceeds £400 but does not exceed £500............................................

£25

exceeds £500 but does not exceed £10,000.......................................

£25 plus £5 for every £100 or fraction of £100 in excess of £500

exceeds £10,000 but does not exceed £20,000.................................

£500 plus £2 10s. for every £100 or fraction of £100 in excess of £10,000

exceeds £20,000.....................................................................................

£750 plus £1 for every £100 or fraction of £100 in excess of £20,000.”

* Notified in the Commonwealth Gazette on , 1939.

  Statutory Rules 1934, No. 77, as amended by Statutory Rules 1935, Nos. 34 and 122; 1936, No. 101; and 1937, No. 111.

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

941.—6/26.4.1939.—Price 3d.

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