No545
Enclosure No. 1.
Enclosure No. 2.
وشی والے ترقی
Ausd to
My Lord,
RECEIVED
29 JAK 7350
co
CE
GOVERNMENT HOUSE,
HONGKONG, 23rd December, 1929.
I have the honour to submit for the
signification of His Majesty's pleasure the following
Ordinance intituled:-
An Ordinance to amend further the Stamp Ordinance,
1921.
2.
The enclosed report by the Attorney General
explains the objects and reasons of the Ordinance.
3.
The question of the further revision of the
Ordinance of 1921 has been under consideration for some
time and owing to representations from the public a draft
amendment bill was prepared in 1928 and published for
information, as a result of which various criticisms were
presented by bankers and other firms and associations in
the Colony. A Representative Committee under the chairman- ship of the Attorney General was appointed in April this year, to consider the amendment of the Stamp Crdinance with
a view to preventing evasion of the stamp duty on share
transactions and of estate duty on shares forming part of
the estates of the deceased persons. Their report was
THE RIGHT HONOURABLE
LORD PASSFIELD,
&c.,
&c.,
&c.
received
6
4