-&-
205
Heading No. 32:
include all partnership documents, and the duty is raised from
$5 to $10.
Partnership instrument: - This will now
Heading No. 33:- Policy of insurance; - The duties have
been doubled except in the cases of life insurance and hull risks
for time.
Heading No. 34;-
raised from $4 to $5.
Power of attorney:- The duty has been
Heading No. 40 (1): - Transfer of shares: - The duty has been
raised from 10 cents to 20 cents per $100.
Heading No.
0.40(3):- Share warrants to bearer: -
been raised from 30 cents to $1 per $100.
Heading No.41(4): - Share contract note:-
dealt with in paragraph 13 above.
The duty has
This has been
Heading No.41:- Shippers books etc.:- This is designed to
meet the actual practice of Chinese shippers by river craft and
junk.
Heading No. 42: - Telegraphic transfer advice; - This has been
dealt with in paragraph 14 above.
Heading No. 44:- Voluntary disposition
inter vivos: This
is treated as a conveyance on sale, aa in the United Kingdom.
21. A table of the correspondence between the clauses of the
Ordinance and the provisions of the existing law is enclosed.
22/ A copy of a set of regulations which have been made under the
Ordinance is also enclosed.
23.
The provisions of the Ordinance as ultimately passed excited
little opposition. Two proposals which were contained in the
original draft bill aroused a considerable amount of opposition.
One was a proposed duty on agreements for the sale of goods. The