Provided that in the case of a specified arca for which a valuation list first came into force on or after the 1st day of April 1974, general rates shall be eleven per cent of the rateable value of any tenement within that area for a period of four years from when the first valuation list came into force.
(2) The percentages referred to in subsection (1) shall be reduced-
(a) by one per cent in the case of a tebement for which only an unfiltered supply of fresh water is available from a Government water-main; or
(b) by two per cent in the case of a tenement for which no supply of fresh water is available from a Govem- ment water-main."),
1
Passed by the Hong Kong Legislative Council this 3rd day of July, 1974.
HONG KONG
No. 36 OF 1974
I assent.
Clerk to the Legislative Council.
This printed impression has been carefully compared by me with the bill, and is found by mne to be a true and correctly printed copy of the said bill.
M
Governor.
4th July, 1974.
An Ordinance to amend the Stamp Ordinance.
Clerk to the Legislative Council.
[5th July, 1974)
Enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof.
1. This Ordinance may be cited as the Stamp (Amendment) Short title. Ordinance 1974.
2.
The Schedule to the principal Ordinance is amended- Amendment of Schedule. (a) by adding, after head 14(1), the following-
(Cwp. 117.)
"Exemption
Bond for securing the refund to the Government of loans made by the Government to persons receiving full time education at a university, college, school or other similar educational establishment.";