SPEECH BY THE HONOURABLE THE FINANCIAL SECRETARY IN LEGISLATIVE COUNCIL WEDNESDAY 1 MAY 1988
He said:
Sir,
11
Stamp Duty (Amendment) Bill 1988
I
1988 be read a second time.
move that the Stamp Duty (Amendment) Bill
second time.
Cap
Z
The Bill
Bill seeks to give legislative effect to
the proposals in this year's Budget to introduce with effect from 1st April 1988 a revised scale of stamp duty payable in respect of conveyances on sale. Ι estimate
the cost of implementing these proposals to million in the current financial year.
be L
$300
adjourned.
Sir, I move that the debate on this motion be
Question on adjournment proposed, put and agreed to.
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