PART 3 OF 3.
OTHER FEES AND CHARGES FROM THE ITSA.
Current as of 20Th September 2010
ADMINISTRATION OF BANKRUPT ESTATES. $3200.00 plus 20% of money received plus GST.
Where a bankruptcy administration includes the management of a debtor's business, an additional fee of $50.00 per 15 minutes applies for time spent in managing the business.
COMPOSITION PROPOSALS. Under section 73 of the 20% of value of the Bankruptcy Act.
This fee is addition to the fee for administering the bankruptcy.
DEBT AGREEMENTS.
20% of value of the proposal accepted by creditors.
CONTROLLING TRUSTEE AUTHORITIES. Given under section 188 of the Bankruptcy
Act. $50.00 per 15 minutes or part thereof.
PERSONAL INSOLVENCY AGREEMENTS. 20% of the value of the proposal accepted by creditors.
PRE-BANKRUPTCY CONTROL ORDERS. Under section 50 of the Bankruptcy Act. $50.00 per 15 minutes or part thereof.
PROPERTY UNDER PROCEEDS OF CRIME LEGISLATION. $50.00 per 15 minutes of part thereof.
SPECIAL ADMINISTRATIONS- not governed by the Bankruptcy Act or Proceeds of Crime legislation.- fee as per agreement.
NOTE: Some fees vary according to money received.
PROCESSING A DEBTOR'S PETITION. No FEE.
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