STATUTORY RULES.

1960. No. 81.

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RULE UNDER THE BANKRUPTCY ACT 1924-1959.[*]

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Rule under the Bankruptcy Act 1924-1959.

Dated this 18th day of October, 1960.

DUNROSSIL

Governor-General.

By His Excellency’s Command,

(Sgd) William McMahon

Minister for Labour and National Service, acting for and on behalf of the Attorney-General.

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Amendment of the Bankruptcy Rules.[†]

Third Schedule.

The Third Schedule to the Bankruptcy Rules is amended by adding at the end of Table B the following items:—

“6

For carrying on the business of a debtor or a bankrupt as Interim Receiver, as Official Receiver or as a trustee—a percentage to be fixed by the Official Receiver at not less than One pound per centum and not more than One pound ten shillings per centum on the turnover made in the ordinary course of carrying on the business in addition to the fee fixed in pursuance of the last preceding item

“7

For collecting book debts, otherwise than through a paid agent—a percentage at the rate of Five pounds per centum on the amount of book debts collected by him either as Official Receiver or trustee in addition to the fee and percentage fixed by items 5 and 6 of this table

“8

For travelling expenses, keeping possession of property and all other reasonable expenses incurred in the administration of an estate by the Official Receiver as Interim Receiver, as Official Receiver or as trustee—the actual expenses incurred”.

 

[*] Notified in the Commonwealth Gazette on 27th October, 1960.

[†] 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; 1953, Nos. 71 and 101; 1954, No. 131; 1955, No. 17; 1956, No. 61; 1957, No. 47; 1958, No. 73; and 1960, No. 72.

By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra.

7947/60.—Price 3d. 9/22.9.1960.