1992
Ad valorem stamp duty on contributions by registered partners.
No. 53 of 1911.
CHINESE PARTNERSHIPS.
(2) If default is made in complying with the requirements of this section, such manager and all the registered partners who cannot prove that they were ignorant of the change shall upon summary conviction be liable to a fine not exceeding ten dollars for each day during which the default continues : Provided that no person shall be liable to pay a fine exceeding a total sum of five hundred dollars.
10. The statement of the amount contributed by a registered partner, and a statement of any increase in that amount, sent to the Registrar of Companies for registration under this Ordinance, shall be charged with an ad valorem stamp duty of 1 dollar for every 500 dollars or portion of 500 dollars up to 10,000 dollars, and 1 dollar for every 1,000 dollars or portion of 1,000 dollars on the next 15,000 dollars, and 50 cents for every 1,000 dollars or portion of 1,000 dollars on sums above 25,000 dollars, of the amount so contributed, or of the increase of that amount, as the case may be; and, in default of payment of stamp duty thereon as herein required, the duty with interest thereon at the rate of eight per cent. from the date of delivery of such statement, shall be a debt to the Crown and shall be recoverable by the Treasurer from such registered partner in the same manner as is provided for by the Crown Remedies Ordinance, 1875, No. 6 of 1875, in respect of rent due to the Crown.
Penalty for making false returns.
11. Every one who makes, signs, sends, or delivers for the purpose of registration under this Ordinance any false or incomplete statement known by him to be false or incomplete shall be personally liable to an unlimited extent for all debts and obligations of the registered partnership incurred during his partnership therein.
Registrar to file statement and issue certificate of registration.
12. On receiving any statement made in pursuance of this Ordinance, the Registrar of Companies shall cause the same to be filed, and he shall send by registered post or deliver to the partnership from which such statement has been received a certificate of the registration thereof.
Registrar to keep register and index and advertise registrations.
13. The Registrar of Companies shall keep at his office, in proper books to be provided for the purpose, a register and an index of all the partnerships registered as aforesaid, and of all the statements registered in relation to such
* As amended by Law Rev. Ord., 1924.
As amended by No. 21 of 1922.