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Dag 57637/22

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22 Dec

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HONGKONG LEGISLATIVE COUNCIL

Lo 10 cents for every $500 of the whole sum secured. It may happen that the mortgage is paid off in instalmente, without any re-assignment taking place on the payment of any given instalment. This case is not met very clearly by the form of the present heading.

8.-The repeal of heading No. 43, which the regulations published on the 24th February, 1929, purported to effect, was of doubtful validity, as it subjected the assignment of trade marks to the ad valorem conveyance duty. Clause 8 is intended to make the stamp duty on an assignment of a trade mark (or trade marks) with the goodwill $10. This was probably the intention of the original beading No. 43, because a trade mark cannot be validly amigoed without the goodwill.

-Clause 9 imposes a stamp duty of $20 on vesting orders other than vesting orders which fall within the definition of a conveyance on sale. An example of a vesting order which would come under heading 43A would be a vesting order on the appoinment of a new, trustee.

10.-Clause 10 proposes to effect an amendment which the regulations pub lished on the 24th February, 1922, pur- ported, with doubtful validity, to effect: It is arguable that the amendment is not absolutely necessary, because section 23 of Ordinance No. 8 of 1921 provides that & voluntary disposition inter vivor is to be charged as if it were a conveyance on sale, and Ordinance No. 21 of 1921 made on the duty on conveyances for sale $1 for every $100. It is, however, desirable to correct the present misleading heading No. 44, especially as it is also arguable that the duty on voluntary dispositions inter vives is really governed by that beading and not by section 23 of Ordi- Bence No. 8 of 1921.

Dangerous Goods Ordinance

THE ATTORNEY-GENERAL moved the second reading of the Bill intituled, An Ordin- ance to amend the Dangerous Goods. Ordinance, 1873.

THE COLONIAL SECRETARY seconded. On the motion of the ATTORNEY GENERAL, the Council went into Com- mittee to consider the Bill olause by clause.

THE ATTORNEY-GENERAL moved the insertion, after clause 4, of a new clause b which appeared on a paper placed on the table. The amendment WAS approved. Subsequent clauses: were re-numbered accordingly,

On the Council being resumel, the ATTORNEY-GENERAL moved the third reading,, the COLONIAL SECRETARY seconded, the motion was carried and the Bill passed accordingly.

The Evidence Amendment

Ordinance

THE ATTORNEY-GENERAL moved ibe second reading of the Bill instituled, An Or- dinance to amend the law relating to evi- dence and to the administration of oaths.

On the motion of the ATTORNEY-GEN- ERAL the Council went into Committee to consider the Bill clause by clause. The Bill passed through the Committee stage with out amendment, and, an the Council re suming,

THE ATTORNEY-GENERAL moved and the COLONIAL SECRETARY seconded the third reading; the motion was carried and the Bill passed accordingly.

The Perjury Ordinance

THE ATTORNEY-GENERAL movel the second reading of the Bill intituled, An Ordin relating to perjury and kindred offences. ance to consolidate and simplify_the law

THE COLONIAL SECRETARY seconded

On the motion of the ATTORNEY-GEN- ERAL, the Council went into Committee to: consider the Bill clause by clause. The Bill passed through the Committee stage without amendment, and, on the Council resuming,

THE ATTORNEY-GENERAL moved and the COLONIAL SECRETARY secunded the

the Pill passed accordingly. third reading the motion was carried and

Industrial Employment of

Children Ordinance THE ATTORNEY-GENERAL moved tha second reading of the Bill intituled, An Chylin ance to regulate the employment of chil dren in certain industries

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