5

interpretation (as, I rather think, in

it is country): but, in any case,

as

regards local or Grauch

regusten.

the fact is the exact contrary

of what is stated by the Tocas?

for

Wado estate duty is payable

in respect of

Chame

share

registered

in a local register (see §35(8) c.

The present Ordinance, or the

fart of it to which Treas? refer, deals only with China Companies and

"No probate duty of

estate duty shall be payable

in respect of

the shave

or Steer

interest of a deceased member of a

Chiince company in

($ 273(3)).

such company

Thus the effect of

the new ordinance will be to

bring sunder Ceability for U.K.

estate duty proferty which was not

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