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CLASS II.-continued.

VOTE 10.

BANKRUPTCY DEPARTMENT OF THE BOARD OF TRADE.

ACCOUNT of the Sum Expended, compared with the Sum Granted, to meet the Deficiency of Income from Fees, &c., for the requirements of the BOARD OF TRADE, under the BANKRUPTcy ACTs of 1883 and 1890, and THE COMPANIEs (WINDING-UP) Act, 1890, in the Year ended 31st March 1906, showing the Surplus or Deficit upon each Sub-Head of the Vote.

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Expenditure, compared with Grant. SERVICE. GRANT. ExPENDITURE. Less More than Granted. than Granted. BANKRUPTCY : £. s. d. £. s. d. £. s. d. £. s. d. A. 1.-Inspector-General's Office - - 17,619 – – 17,381 10 9 237 9 3 B. 1.-Salaried Official Receivers, High Court - - - - - 15,370 – – 14,960 15 2 409 4 10 C. 1–Salaried Official Receivers, County Courts - - - - - 26,375 – – 24,695 14 1 | 1,679 5 11 D. 1.—Country Receivers paid by Fees and Commission - - - || 37,000 – — 36,846 7 5 153 12 7 E. 1.-Postages - - - - - 2,700 – — 2,828 1 3 - 128 1 3 F. 1-Co. (including Travelling Expenses) - - - 2,250 – — 1,813 16 9 436 3 3 G. 1.-Stationery and Printing - - 8,000 – – 8,700 19 8 - 700 19 8 H. 1.-Law Charges - - - - 1,250 — — 473 11 3 776 8 9 J. 1.-Rent of Rooms for Meetings - 900 – – 919 18 – - 19 18 – —Losses incurred through payment - 60 9 8 - 60 9 8 1n error COMPANIES : A. 2. —Office of Comptroller of the Companies Department - - - || 5,434 – – 5,279 11 6 154 8 6 B. 2. —Salaried Official Receivers, High Court - - - - - || 11,800 – – | 11,387 4 4 412 15 8 C. 2. —Salaried Official Receivers, County Courts - - - - - 800 – – 596 – — 204 – — D. 2.-Country Receivers paid by Fees and Commission - - - 500 – — 373 5 1 126 14 11 E. 2.-Postages - - - - - 100 — — 54 3 9 45 16 3 F. 2.-Contingencies (including Travelling Expenses) 500 – — 169 2 8 330 17 4 G. 2.-Stationery and Printing - - 1,000 – — 652 18 — 347 2 0 H. 2.-Law Charges - - - - 550 – — 79 16 8 470 3 4 J. 2.-Rent of Rooms for Meetings - 30 — — 7 3 6 22 16 6 TOTAL ESTIMATED EXPENDITURE - - || 132,178 – — Deduct, Estimated advance from Revenue - || 132,170 — — NET TOTAL GRANT - . . 4. 8 – — TOTAL ExPENDITURE - - £. 127,280 9 6 Net Actual Expenditure less than the Estimate - - - - 4,897 10 6 £. 5,806 19 1 || 5,806 19 1 Note.—By Section 77 of the Bankruptcy Act, 1883, and Section 19 of the Companies (Winding-up) Act, 1890, the Treasury is empowered to issue out of the Fees, &c., recovered under the Acts such sums as may be required towards £. s. d. meeting the charge for Salaries and Expenses of the Department. The advance so required was estimated, above, at - - - - - - - - - 132,170 — — The amount actually drawn from the Treasury was : on account of Bankruptcy, 109,250l., and on account of Companies, 19,250l. - - - - - 128,500 - There remains, therefore, undrawn - 3,670 – – Bankruptcy. Companies. Of the amount drawn from the Treasury, £. s. d. £. s. d. namely - - - - - - - 109,250 – – | 19,250 - - 128,500 – — There was actually expended 108,681 4 - | 18,599 5 6 127,280 9 6 There remains, therefore, a Net Surplus in the hands of the Board of Trade to be repaid of - - - - - - - 568 16 — 650 14 6 1,219 10 6 1,219 10 6 To which is to be added the Grant to be surrendered, viz. – 8 - Making (as shown in the Account) a total difference, being Saving, of - - £. 4,897 10 6

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CLASS II.-continued.

— — — - - --- - - - -

VOTE 10.

BANKRUPTCY DEPARTMENT OF THE BOARD OF TRADE.

REPORT OF THE COMPTROLLER AND AUDITOR GENERAL.

Excess. 1. ExPENDITURE in excess of the Estimate has taken place under SubHeads E. 1, G. 1, and J. 1.

New 2. A new Sub-Head, “Losses incurred through ayment in error,” has been Šib-Head, introduced into the Account with Treasury sanction for the purpose of recording a &c." payment of 60l. 9s. 8d. made to the wrong person through an oversight. It is underC. stood that it has not been possible up to the present to take any steps for the recovery of the money, as the person to whom it was paid has left the country.

Debit 3. Certain debit balances of Estates Accounts, which have arisen through insufficiency Balances on of assets, have been written off with the sanction of the Treasury, as irrecoverable, and Estates. charged as follows:—

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i...of 4. The unexpended Parliamentary Grant to be surrendered to the Exchequer is 81. Hot The Treasury advance from Revenue exceeded the actual expenditure by 1,219. 10s. 6d., to the and this amount will have to be repaid to that Department or otherwise adjusted. Treasury.

...” 5. Appended to this Report is a Statement (A) which has been made up in my during the #. o that the total amount received in the year in respect of proceedings year. in Bankruptcy and Companies Liquidation, and for dividends on Funds invested, was 166,737l. 9s. 7d. Additional 6. From the appended Statements, furnished by the Treasury, it appears that, in oliture addition to the expenditure shown in the Account for 1904–5, expenses in connection Votes . with Bankruptcy proceedings and with Companies administration, amounting to Parliament 61,019l. 158. Id. and 8,223l. 13s. 1d. respectively, were charged against other Votes of

2). Parliament in that year. (b) too.” In respect of the first of these amounts a net sum of 26,859l. 2s. 4d. is shown in the --~~~ Statement as payable to the Exchequer, and this, together with the above-mentioned

sum of 8,2231. 13s. 1d., has been duly paid over.

Statements 7. Two further Statements compiled in my Department are appended, showing the

Hoa Receipts into, and Payments out of the Bankruptcy Fees and the Companies (Winding

#. up) Act Fees Accounts respectively, during the year ended 31st March 1906, and the balances in the hands of the Paymaster General on that date.

John A. Kempe, Comptroller and Auditor General.

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STATEMENT of Fees and other Receipts in the Year ended 31st March 1906.

I. Under Bankruptcy Acts— Receipts shown in the Accounts of the Board of Trade, viz.: (a)—Fees certified by the Inspector-General in Bankruptcy -

(b)—Other Receipts by the Board of Trade - - -

Fees collected by the Inland Revenue Department by means of Stamps

Dividends on Funds invested by the Treasury under Section 76 of the
Bankruptcy Act, 1883 - - - - - - - - - -

II.-Under Companies (Winding-up) Act— Receipts shown in the Accounts of the Board of Trade, viz.: (a)—Fees certified by the Inspector-General in Bankruptcy (b)—Other Receipts by the Board of Trade - - :Fees collected by the Inland Revenue Department by means of Stamps Fees from County Courts - - - - - - - - - Tividends on Funds invested by the Treasury under Section 16 of the

Companies Liquidation Act, 1890 - - - - -

TOTAL - - £.

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