Execution Act 1844

XXXIV Sum to be paid on Prosecution of Petition.

And be it enacted, That under every Petition for Protection from Process after the passing of this Act in the Court of Bankruptcy in London, or in any District Court of Bankruptcy in the Country, there shall be paid by the Official Assignee of the Estate and Effects of the Petitioner, into the Bank of England, to the Credit of the Accountant in Bankruptcy, to the Account intituled " The Secretary of Bankrupts Account," a Sum not less than One Eighth of a Pound per Centum and not exceeding Five Pounds per Centum on the gross Produce from Time to Time of the Petitioners Estate, such Sum, within the Limit aforesaid, and the Time or Times for Payment thereof, to be fixed by the Lord Chancellor by any general Order for those Purposes, and to be applicable to all the Purposes of the said Account, and to be subject to the like Orders as other Monies directed to be paid in to the said Account; and that it shall be lawful for the Lord Chancellor from Time to Time to lessen or increase such Sum, within the Limit aforesaid, as to the Lord Chancellor may seem just and reasonable, upon Consideration of the Amount from Time to Time standing to the said Account; and of the Claims from Time to Time chargeable thereupon.