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Prevention of Organised Crime Act, 1998 (Act No. 121 of 1998)

Regulations

Prevention of Organised Crime Regulations

2. Tariff of fees payable to curator bonis

 

(1) A curator bonis appointed under the Act is entitled to a fee which must be assessed according to the following tariff:
(a) On income collected during the existence of the curatorship: six per cent;
(b) on the value of property, other than money, realised on completion of his or her curatorship: two per cent;
(c) on the value of money realised on completion of his or her curatorship: one per cent;
(d) on the value of property, other than money, subject to a restraint order where no confiscation order is made: two per cent;
(e) on the value of money subject to a restraint order where no confiscation order is made: one per cent.

 

(2) Despite subregulation (1), the Master may-
(a) if in any particular case there are special reasons for doing so, reduce or increase any such fee; or
(b) if the curator bonis has failed to discharge his or her duties or has discharged them in an unsatisfactory manner, disallow any such fee, either wholly or in part.

 

 


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