870
THE HONGKONG GOVERNMENT GAZETTE, 2ND NOVEMBER, 1889.
GOVERNMENT NOTIFICATION.--No. 451.
The following Circular Despatch and the sections of The Imperial Revenue Act of 1889 referred to therein are published for general information.
By Command,
Colonial Secretary's Office, Hongkong, 2nd November, 1889.
LISTER, Acting alonial Secretary
CIRCULAR.
DOWNING
ZET,
er, 1889.
SIR,-I have the honour to transmit to you a copy of the Imperial Revenue request that you will cause Sections 18 and 19 to be published for information in your Government.
1889, and to. Colony under
During the sittings of the Colonial Conference in 1887, the attention of Her Majesty's Govern- ment was called to the Companies (Colonial Registers) Act, 1883, which had the ef of requiring probate or letters of administration to be taken out both in the Colony and in this cetry in respect of the wills or estates of Colonial Shareholders holding shares on the Colonial Regis other Companies. The proceedings on the subject at pages 76 and 107 of Parliament Volume I., and the papers then laid before the Conference, are printed at pages Parliamentary Paper C. 5091, Volume II. The promise given in the former th should be remedied has now been redeemed by the passing of Section 18 for the
ご
of Banks and Paper C. 5091, 48, 49 of the his grievance
A somewhat similar complaint was brought to the notice of Her Majesty's Go at in connec- tion with policies of Life Insurance issued in the Colonies by Insurance Companies
on business in the Colonies, but having their head office in the United Kingdom. The sum verable under such policies were held to be Assets situated in the United Kingdom; and under tion 11 of the Imperial Revenue Act, 1884, the production of a grant of representation from a Coin the United Kingdom, by probate, or letters of administration, or confirmation, was necessary to establish the right to recover or receive such amounts.
The hardship of this provision upon persons who had no real connection with the United King- dom has been recognised, and Section 19 has been passed to remove it.
I have the honour to be,
Sir,
Your most obedient humblee vant,
The Officer Administering the Government of
HONGKONG.
KNUTSFORD.
THE REVENUE ACT, 1889.
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18. Notwithstanding provision (b) in section seven of the Companies (Colonial Registers) Act, 1883, the share or other interest of a deceased member, registered in Colonial register under that Act, who shall have died domiciled elsewhere than in the United Kingdom, shall, so far as relates to British duties, not be deemed to be part of his estate and effects situated in the United Kingdom, for or in respect of which probate or letters of administration is or are to be granted, or whereof an inventory is to be exhibited and recorded.
amendment of
46 & 47 Vict. c. 30. 7, as to shares in
colonial registers.
s. 11 of 47 & 48 Vict.
19. The proviso to section eleven of the Revenue Act, 1884, is hereby repealed Amendment of and that section shall be read as if the following proviso were therein inserted in he of the repealed proviso: ·
Provided that where a policy of life assurance has been effected with any insuranc company by a person who shall die domiciled elsewhere than in the United Kingdom, the production of a grant of representation from a court in the United Kingdom shall not be necessary to establish the right to receive the money payable in respect of such
• policy.
C. 62.
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