Trading with the Enemy Regulations 1916 (Amendment) (Cth)

STATUTORY RULES.

1918. No. 153.

 

REGULATIONS UNDER THE TRADING WITH THE ENEMY ACT 1914-1916.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Trading with the Enemy Act 1914-1916 to come into operation forthwith.

Dated this fifth day of June, 1918.

R. M. FERGUSON,

Governor-General.

By His Excellency’s Command,

J. A. JENSEN,

Minister of State for Trade and Customs.

 

Amendment of Trading with the Enemy Regulations 1916.

(Statutory Rules 1916, No. 192.)

1. Regulation 5 of the Trading with the Enemy Regulations is amended by inserting before the words “The Public Trustee” the words “Except as provided by the next succeeding regulation’’.

2. After regulation 5 of the Trading with the Enemy Regulations the following regulation is inserted:—

Fees chargeable in connexion with winding up of companies.

“6. (1) The Public Trustee shall charge, in respect of his duties in connexion with the winding up of companies under section 9h of the Act, a percentage, in accordance with the following scale, upon the gross assets of any company being wound up:—

5 per cent. on the first £100 or portion thereof realized.

2½ per cent. on the next £900.

1½ per cent. on the next £4,000.

1 per cent. on the next £5,000.

½ per cent. on the next £20,000.

¼ per cent. on assets realized in excess of £30,000.

“(2) Fractional parts less than the moiety of the pound sterling shall be disregarded in the calculation of the amount payable for percentage under sub-regulation (1) of this regulation.”.

 

Printed and Published for the Government of the Commonwealth of Australia by Albert J. Mullett, Government Printer for the State of Victoria.

   

C.7514—Price 3d.