HONG KONG

LEGAL REPORT

STAMP DUTY (AMENDMENT) ORDINANCE 1988

(No. 29 of 1988)

Enclosure No.

Z

The object of this Ordinance is to amend the Stamp Duty Ordinance to introduce a more graduated scale of rates of stamp duty payable on conveyances on sale so as to reduce the duty payable in respect of properties costing between $250,000 and $1.5 million.

Before the Governor assented to the Bill in the name and on behalf of Her Majesty, the Attorney General advised that he could properly do so.

2.

June 1988.

ATTORNEY GENERAL'S CHAMBERS,

HONG KONG,

How

Law Draftsman.

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