Bankruptcy and Insolvency Act
Marginal note:Levy payable out of dividends for supervision
147 (1) For the purpose of defraying the expenses of the supervision by the Superintendent, there shall be payable to the Superintendent for deposit with the Receiver General a levy on all payments, except the costs referred to in subsection 70(2), made by the trustee by way of dividend or otherwise on account of the creditor’s claims, including Her Majesty in right of Canada or of a province claiming in respect of taxes or otherwise.
Marginal note:Rate of levy
(2) The levy referred to in subsection (1) shall be at a rate to be fixed by the Governor in Council and shall be charged proportionately against all payments and deducted therefrom by the trustee before payment is made.
- R.S., 1985, c. B-3, s. 147
- 2005, c. 47, s. 91
- Date modified: