Bankruptcy Regulations (Amendment) 1997 (76 of 1997)
32. Regulation 16.14 (Fees payable by trustee on payment of dividends, etc)
32.1 Subregulation 16.14 (1):
Omit the subregulation, substitute:
" (1) Subject to subregulation 16.15 (1), a trustee (other than the Official Trustee) who pays an interim or final dividend in respect of an estate or a debtor must pay to the Official Receiver the appropriate fee in accordance with this regulation.
" (1A) Subject to subregulation 16.15 (2), where the Official Trustee:
(a) acts as trustee of the estate of a bankrupt or a deceased person in respect of whose estate an order for administration has been made under Part XI of the Act; or
(b) acts as controlling trustee, or as trustee as the result of a deed of assignment or deed of arrangement under Part X of the Act;
a fee is payable to the Official Receiver by the Official Trustee, in accordance with this regulation, in respect of the estate:
(c) on the declaration of a dividend by the Official Trustee; or
(d) on the Official Trustee's ceasing to act as the trustee of the estate or debtor.".
32.2 Paragraph 16.14 (3) (a):
After "amount;", add "or".
32.3 Paragraph 16.14 (3) (e):
Omit "regulation 16.08.", substitute "this regulation.".
32.4 Subregulation 16.14 (4):
After "his", insert "or her".
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