774
Objects and Reasons.
1. Clauses 2 and 4 of this Bill will add to sections 3 (1) and 30 of the principal Ordinance, No. 11 of 1939, certain provisions similar to provisions which (with the sanction of the Secretary of State in his despatch No. 57 of the 23rd February, 1938,) the Editor of the Ordinances and Regula- tions of Hong Kong (1937 edition) would have made in corresponding sections of the Motor Spirit Ordinance, 1930, had the latter Ordinance not been repealed and replaced by the principal Ordinance.
2. The new paragraph added to section 3 (1) of the principal Ordinance is derived from section 10 (1) of the Petroleum (Consolidation) Act, 1928, and the proviso added to section 30 of the principal Ordinance is intended to make it clear that an importers licence will not be necessary to cover the hydrocarbon oils which aircraft, ships, motor boats or motor vehicles bring with them on arrival for their own use while in port and which are not removed therefrom.
3. Clause 3 of the Bill adds two sub-sections to section 6 of the principal Ordinance and are based on and are intended to implement Article 2 (i) (a) and (b) of the Inter- national Convention concerning Exemption from Taxation for Liquid Fuel and Lubricants used in Air Traffic of the 1st March, 1939.
June, 1939.
C. G. ALABASTER,
Attorney General.
Page 5Page 6