INLAND REVENUE (AMENDMENT) BILL 1988
Enclosure No.4
1
A BILL
To
Amend the Inland Revenue Ordinance.
Enacted by the Governor of Hong Kong, with the advice and consent
of the Legislative Council thereof.
1. (1) This Ordinance may be cited as the Inland Revenue (Amend- Short title ment) Ordinance 1988.
(2) This Ordinance shall apply in relation to the year of assessment commencing on 1 April 1988 and all subsequent years of assessment.
2.
and
application.
Section 12B of the principal Ordinance is amended by inserting Amendment of after subsection (2) the following—
"(3) Notwithstanding paragraph (b) of subsection (2), for the purpose of ascertaining the net chargeable income for any year of assessment of a husband and wife, not being a wife living apart from her husband, no allowance under paragraph (e) of section 42B(1) in any year of assessment shall be granted unless the husband has, in such year of assessment, assessable income other than income of his wife which is aggregated with his under subsection (2).”.
3. Section 14 of the principal Ordinance is amended-
(a) in the fifth proviso—
(i) by deleting "and all subsequent years of assessment"; and (ii) by deleting the full stop and substituting a semicolon; and
(b) by inserting after the fifth proviso the following-
"Provided further that for the year of assessment commencing on 1 April 1988 and all subsequent years of
assessment-
section 12B.
(Cap. 112.)
Amendment of section 14.