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FRIDAY, MAY 31, 1974
BUSINESS REGISTRATION FEES
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A BILL, FORMALISING THE RECENT INCREASES IN FEES PAYABLE UNDER THE BUSINESS REGISTRATION ORDINANCE, VILL BE INTRODUCED IN THE LEGISLATIVE COUNCIL SHORTLY.
THE REVISION OF THE FEES IS IN LINE WITH THE CHANGES MADE BY THE FINANCIAL SECRETARY IN HIS BUDGET SPEECH LAST FEBRUARY AND CAME INTO EFFECT ON APRIL 1 THIS YEAR.
THE BUSINESS REGISTRATION CAMENDMENT) BILL, GAZETTED TODAY, IS TO GIVE LEGISLATIVE EFFECT TO THE NEW FEES WHICH WERE ADVERTISED IN MARCH.
UNDER THE REVISION, THE BUSINESS REGISTRATION FEE HAS DOUBLED TO $50 WHILE THE FOE FOR THE ISSUE OF A DUPLICATE BUSINESS REGISTRATION CERTIFICATE WAS RAISED FROM $2 TO $5. THE FEE FOR THE ISSUE OF A CERTIFIED COPY OR EXTRACT OF DOCUMENTS UNDER SECTION 19 OF THE DUSINESS REGISTRATION ORDINANCE WAS INCREASED FROM $10 TO $15.
THE OPPORTUNITY WAS ALSO TAKEN TO SIMPLIFY THE EXISTING PENALTY SYSTEM FOR LATE PAYMENTS OF BUSINESS REGISTRATION FEES. A FLAT ONCE-AND-FOR-ALL SURCHARGE OF $15 VAS INTRODUCED AS AGAINST THE PREVIOUS SURCHARGE OF $2 FOR LATE PAYMENTS IN THE FIRST MONTH AND $3 FOR EACH MONTH THEREAFTER.
AT THE SAME TIME, THE LIMITS BELOW WHICH A PERSON CARRYING ON BUSINESS MIGHT APPLY FOR EXEMPTION FROM PAYMENT OF THE REGISTRATION FEE WAS ALSO RAISED.
MP TO MEET PRESS
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NOTE TO EDITORS:
MR. KENNETH CLARKE, CONSERVATIVE MEMBER OF PARLIAMENT, WILL MEET THE PRESS TOMORROW (SATURDAY) AFTER A VEDK-LONG VISIT TO HONG KONG.
MR. PETER HORDERN, WHO FLEW IN TOGETHER WITH MR. CLARKE LAST SATURDAY, CUT SKORT MIS VISIT AND RETURNED HOME LAST NIGHT BECAUSE OF HIS FATHER'S ILLNESS.
THE PRESS CONFERENCE WILL BE HELD AT 11 A.M. IN THE 35 MM THEATRE, GOVERNMENT INFORMATION SERVICES, BEACONSFIELD HOUSE, 5TH FLOOR.
TV CAMERANMEN ARE REQUESTED TO SET UP THEIR EQUIPMENT BEFORE THE CONFERENCE STARTS TO AVOID ANY INCONVENIENCE.