47.-(1) Upon the presentation of a petition the petitioner shall deposit with the Official Receiver the sum of five pounds if a debtor, and if a creditor the sum of seven pounds and ten shillings, to cover the fees and expenses to be incurred by the Official Receiver; and the Registrar shall not accept any petition unless the Official Receiver’s receipt for the deposit is produced to him.

(2) The petitioner shall also deposit with the Official Receiver such further sum (if any) as the Court may from time to time direct for the like purposes.

(3) The Official Receiver shall account for the moneys so deposited to the creditor, or, as the case may be, to the debtor’s estate, and any deposit made by a petitioning creditor shall be repaid to him (except and so far as it may be required by reason of insufficiency of assets for the payment of the fees of and expenses incurred by the Official Receiver) out of the proceeds of the estate in the priority prescribed by these rules.