This Act may be cited as the Finance Act (No 2) 1935.

Notwithstanding anything to the contrary in section 23 of the Companies (Bondholders Incorporation) Act 1934-35, where the Bondholders Incorporation Commission constituted under that Act is satisfied that any person is unable or ought not to be called upon to pay any fee payable by that person in accordance with any regulations made for the purposes of that section, or any part of that fee, the Commission may by order dispense with the payment of the fee or of any part thereof subject to such conditions as it thinks fit.

If, when the Bondholders Incorporation Commission has disposed of all matters and proceedings before it or likely to come before it, the Controller and Auditor-General certifies that in his opinion the total amount then received or thereafter to be received by way of fees and levies under the Companies (Bondholders Incorporation) Act 1934-35 exceeds the total costs and expenses of the Bondholders Incorporation Commission then incurred or thereafter to be incurred, the amount of the excess, if it is not less than $200, shall be refunded or remitted to the persons by whom amounts exceeding $60 have been paid or are payable by way of hearing fees or levies under the said Act, in proportion to the total amounts so paid or payable by them respectively.