Full text: Secretarial practice

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.
	        
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