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COMPANY.
239
taxation to be reviewed by a Taxing Master of the Chancery Division of the High Court.

(2) In any case in which the Board of Trade require such a review of taxation as is above mentioned they shall give notice to the person whose bill has been taxed, and shall apply to the Taxing Master of the Chancery Division of the High Court to appoint a time for the review of such taxation, and thereupon Buch Taxing Master shall appoint a time for the review of, and shall review, such taxation and certify the result thereof. The Board of Trade shall give to the person whose bill of costs is to be reviewed notice of the time appointed for the review.

(3) Where any such review of taxation as is above-mentioned is required to be made by a Taxing Master of the Chancery Division of the High Court, the Registrar whose taxation is to be reviewed shall (if required by the Taxing Master) forward to the said Taxing Master the bill which is required to be reviewed.

(4) The Board of Trade may appear upon the review of the taxation; and if, upon the review of the taxation, the bill is allowed at a lower sum than the sum allowed on the original taxation, the amount disallowed shall (if the bill has been paid) be repaid to the Official Receiver, or the Liquidator, or other person entitled thereto. The certificate of the Taxing Master shall in every case of a review by him under this Rule be a sufficient authority to entitle the person to whom the amount disallowed ought to be repaid to demand such amount from the person liable to repay the same.

(5) There shall be allowed to the person whose bill is reviewed such costs of and incidental to his appearance on the review as the Taxing Master of the High Court shall think proper, and such costs shall be paid to such person out of the estate Provided that the costs of the attendance of a principal shall not be allowed if in the opinion of the Taxing Master he could have been sufficiently represented by his London agent.

Costs payable out of the Assets of the Compnay.

Costs payable out of the assets

31. The assets of a company which is being wound up, remaining after payment of the fees, and actual expenses incurred in realising or getting in the assets, shall, subject to any Order of the Court, and, if the winding up is in the Stannaries Court, subject to the provisions of the Stannaries Act, 1887,[1] be liable to the following payments, which shall be made in the following order of priority, namely:—

First. The taxed costs of the petition, including the taxed costs of any person appearing on the petition whose costs are allowed by the Court:
  1. ↑ 50 & 51 Vict. c. 43.
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