AnununuGG UL DE Legisiruva Gousell, sha-

(a) be laid before the Legislative Council; and (b) be submitted to the Secretary of State.";

bsection (3)(a) by inserting after “Governor" the following--

--

"as President of the Legislative Council".

on 13 of the principal Ordinance is amended-

coumbering it as subsection (1) thereof;

serting after "Governor" the following-

"as President of the Legislativo Council"; and

Iding the following new subsection.

"(2) Any such report shall be dealt with in accordance

with subsection (2) of section, 12 as if it were a report ubmitted under jubsection (1) ̊ of that section.”.

וי

the Hong Kong|Legislative Council this 19th day of July,

Clerk to the Legislativė Council.

HONG CÙNG

No. 61 OF 1978

I assent

Dongshoket

Acting Governor.

printed impression has been carefully compared by me ha a fræn and correctiv

ba

20th July, 1978.

An Ordinance to amend the Inland Revenue Ordinance.

[

1

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 Inland Revenue (Amend- Ssom uk and ment) Ordinance 1978 and shall come into operation on a day to be commencement. appointed by the Governor by notice in the Gazette.

2. Section 28 of the principal Ordinance is amended-

"a rale not exceeding such rate or rates as may be specified

Amendment of acution 28.

(a) in paragraph (a) of the proviso to subsection (1) by deleting (p. 112.)

in the Fourth Schedule" and substituting the following-

"such rate or rates, not exceeding $ per cent per anmich, es the Financial Secretary may specify by notice in the Gazette"";

(6) in subsection (2) by deleting "and the Fourth Schedule, but the Fourth Schedule shall not be amended so as to specify a rate in excess of 5 per cent per annum”,

J. The Fourth Schedule to the principal Ordinance is deleted.

Deleton pd Fourth Schedule.

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