710
SECRETARIAL PRACTICE
(3) There shall be paid in respect of proceedings under this
Act in relation to the winding up of companies in England such
fees as the Lord Chancellor may, with the sanction of the Treasury,
direct, and the Treasury may direct by whom and in what manner
the same are to be collected and accounted for:
Provided that in fixing the fees aforesaid regard shall be had
to the provisions of section fourteen of the Economy (Miscellaneous
Provisions) Act, 1026.
(4) All rules made and directions given by the Lord Chancellor
under this section shall be adopted by the authority for the time
being empowered to make rules for regulating the practice or pro-
cedure in the Chancery Court of the County Palatine of Lancaster,
but as so adopted shall have effect with the substitution of the words
“vice-chancellor” for the word ‘judge,’ and of the word registrar”’
for the word ‘“ master,’’ and of the words ‘“ chambers of the registrar”
for the words ‘chambers of the judge” and “ judge’s chambers,"
and any directions as to the remuneration to be allowed to officers
of that court in respect of proceedings under this Act shall be subject
to the sanction of the Chancellor of the Duchy and County Palatine
of Lancaster.
ParT VI.
RECEIVERS AND MANAGERS.
Plsgadiifoption 306.—(1) A body corporate shall not be qualified for appointment
as romiver 00 as receiver of the property of a company.
(2) Nothing in this section shall disqualify a body corporate
from acting as receiver as aforesaid if acting under an appointment
made before the third day of August, nineteen hundred and twenty-
eight, but subject as aforesaid any body corporate which acts as
receiver as aforesaid shall be liable to a fine not exceeding one
hundred pounds.
(3) In the application of this section to Scotland the expression
“bodv corporate’ does not include a firm.
Power in Eng-
land to appoint
official receiver
as receiver for
debenture
holders or
creditors
307. Where an application is made to the court to appoint a
receiver on behalf of the debenture holders or other creditors of a
company which is being wound up by the court in England. the
official receiver may be so apppointed.
Notification that 308.—(I) Where a receiver or manager of the property of a
receiver or company has been appointed, every invoice, order for goods or
appointed business letter issued by or on behalf of the company or the receiver
or manager or the liquidator of the company, being a document on
or in which the name of the company appears, shall contain a
statement that a receiver or manager has been appointed.