Amendment
of section 5.
Amendment
3.
2
Section 5 of the principal Ordinance is amended by the deletion therefrom of the word "stamp".
4. Section 7 of the principal Ordinance is amended by the deletion of section 7. of paragraph (d) and the substitution therefor of the following new
paragraph-
Amendment of section 9,
"(d) property situated in the New Territories, other than New Kowloon, where the principal value of the estate does not exceed two thousand dollars or the minimum principal value for which a rate for the payment of estate duty has been pro- vided under the applicable Schedule, whichever is the greater; and property situated elsewhere in the Colony, where the prin- cipal value of the estate does not exceed the minimum principal value for which a rate for the payment of estate duty has been provided under the applicable Schedule;”.
Section 9 of the principal Ordinance is amended by- (a) the deletion from subsection (2) of the words and comma “by
stamps allixed thereon,”;
(b) the deletion from subsection (4) of the words "by stamps affixed
to" and the substitution therefor of the following-
"on":
(c) the deletion from subsection (6) of the words and commas "Interest at the rate of four per cent per annum on the estate duty shall be paid from the date of the death up to the date of the delivery of the affidavit or account, or the expiration of six months after the death, whichever first happens, and subject as aforesaid interest at the rate of eight per cent per annum for the period during which it remains unpaid shall accrue on the estate duty payable" and the substitution therefor of the following-
"In addition to any estate duty payable, interest shall accrue and be payable on such duty while it remains un- paid at the rate of four per cent per annum from the date of the death of the deceased until the expiration of six months from the death and at the rate of eight per cent per annum thereafter":
(4) the deletion from paragraph (b) of subsection (6) of the words "referred to in the second and fourth lines of this subsection" and the substitution therefor of the following-
"for the purposes of this subsection";
(e) the deletion from subsection (7A) of the words and comma "with interest at the rate of eight per cent per annum from the date at which the first instalment is due,"; and (the deletion of subsection (8),
6.
3
Section 10 of the principal Ordinance is amended by the inser- Amendment tion in subsection (1) thereof, after the word “dollars", of the following- af section 16.
"in the case of persons dying before the 1st day of January, 1963, or two thousand dollars in the case of persons dying on or after the 1st day of January, 1963.".
7. Section 1t of the principal Ordinance is amended by- (a) the deletion of subsection (1) and the substitution therefor of
the following-
(Cap. 87).
"(1) All duty, interest and penalties payable under this Ordinance shall be recoverable by the Commissioner by action in the District Court, notwithstanding that the amount is in excess of the sum of five thousand dollars :
Provided that nothing in this section shall affect any other remedy for the recovery of duty, interest or penalties payable under this Ordinance.
(1A) In proceedings in the District Court under this section the production of a certificate signed by the Com- missioner stating the name and last known postal address of the person sued and the particulars of the duty, interest or penalty claimed from him shall be prima facie evidence of the facts stated therein.
(18) In proceedings in the District Court under this section, the Commissioner may appear in person or may be represented either by a legal officer within the meaning of the Legal Officers Ordinance or by any other person authorized by him in writing."; and
(6) the insertion in subsection (10), at the end thereof, of the
following-
8.
together with interest on any excess paid at the rate provided by subsection (6) of section 9”.
Section 13 of the principal Ordinance is amended by- (a) the deletion in subsection (1) of all the words and commas preceding the first colon, and the substitution therefor of the following-
"In every case where any account is delivered after the lapse of twelve months from the death, the estate duty shall, without prejudice to the exercise of the Commis- sioner's discretion under section 24, be charged at twice the rates set out in the applicable Schedule, unless the person accountable for the estate duty satisfies the Com- missioner that there is a reasonable excuse for the delay in the delivery of the account"; and
AmendmenL
of section 11.
AmendmenI of section 13.