THE HONG KONG GOVERNMENT GAZETTE, APRIL 26, 1940.
+6 tax means any tax imposed by this Ordinance:
trude' includes every trade and manufacture. and every adventure and concern in the nature of trade;
trustee' includes any trustee, guardian, curator, manager, or other person having the direction, control, or management of any property on behalf of any person, but does not include an executor
United Kingdom" means the United Kingdom of threat Britain and Nerthern Ireland:
"Written-down value means the residue of the sost to the owner thereof of any plant, machinery or fixtures after deducting a sum representing the total depreciation which has occurred in such plant, machinery or fixtures since the date of purchase by him;
"year of assessment means the period of twelve months commencing on the first day of April, nineteen hundred and forty, and each subsequent period of twelve months om- mencing on the first day of April;
Co
year preceding a year of assessmen
means the period
of twelve months ending on the tiny-first day of March immediately prior to such year of assessinent;
Taxation.
3-(1) (a) There shall be a Board of War Taxation Board of composed of the Financial Secretary and four other members War appointed by the Governor, of whom not more than one shall be an official in the employment of the Government. metuber so appointed shall hold oflice until he shall resign or be removed from office by the Governor.
A
(b) Three members of the Board of War Taxation shall form a quorun for the transaction of business and when the Financial Secretary is present he shall be the Chairman
(c) All matters coming before the Board of War Taxa- tion shall be decided by a majority of votes, and in the case of an equality of votes the Chairman or presiding member shall have a second or a casting vote.
(2) For the purposes of this Ordinance, the Governor may appoint a Commissioner, a Deputy Commissioner, Assistant Commissioners, and Examiners.
(3) An assistant Commissioner exercising or performing any power, duty, or function of the Commissioner under his Ordinance shall be deemed for all purposes to be authorized to exercise or perform the same until the contrary is provod.
(4) All powers conferred upon an Examiner by this Ordinance may be exercised by an Assistant Commissioner.
4.-(1) Except in the performance of his duties under omeat this Ordinance, every person who has been appointed under servery or who is or has been employed in carrying out or in assisting any person to carry out the provisions of this Ordinonce shall preserve and aid in preserving ereey with regard to all inatters relating to the affairs of any person that may come to his knowledge in the perfo ormance of his duties under this Ordinance, and shall we micute any such
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