M(85)14
CONFIDENTIAL
120 -
(b)
under
section 3 of that
Ordinance, that the resumption
of the private land referred to
in paragraph 3 of the memorandum
is required for that purpose.
(The District Lands Officer, Islands, Mr Y.C.
attended before the Council for the
WAN-MIN-KEE,
discussion of this item.)
A117
Inland Revenue Ordinance (Chapter 112) SUN YAU INVESTMENT COMPANY LIMITED
PETITION FOR EXEMPTION
FROM PAYMENT OF PROFITS TAX
FOR THE YEAR 1980-81 UNDER SECTION 87
(FIN P2/19 (TC 45/85))
The Council considered memorandum XCC(85)29.
The Council ADVISED and the Governor ORDERED:
under section 87 of
of the Inland
Revenue Ordinance, that the
petition from the Sun Yau
Investment
Company Limited
should be rejected.
(The
Commissioner of Inland Revenue, Mr V.A.
LADD, attended before the Council for the discussion of
this item.)
CONFIDENTIAL