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WEDNESDAY, NOVEMBER 29, 1978
STAMP DUTY ON SHARE TRANSFERS
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THE ACTING COLLECTOR OF STAMP REVENUE, MR. V.A. LADD, TODAY (WEDNESDAY) REMINDED COMPANY SECRETARIES AND REGISTERING OFFICERS NOT TO REGISTER ANY TRANSFERS OF SHARES OR MARKETABLE SECURITIES UNLESS THEY ARE DULY STAMPED,
A NOTICE TO THIS EFFECT HAS BEEN SENT OUT TO COMPANY SECRETARIES AND REGISTERING OFFICERS.
UNDER THE STAMP ORDINANCE, TRANSFERS OF SHARES OR MARKETABLE SECURITIES ARE NOT TO BE REGARDED AS DULY STAMPED UNLESS THEY BEAR THE NECESSARY ENDORSEMENTS.
THEY HAD TO BE
*
*
ENDORSED BY THE COLLECTOR OF STAMP REVENUE TO THE EFFECT EITHER THAT AD VALOREM DUTY HAS BEEN PAID THEREON OR THAT NO AD VALOREM DUTY IS PAYABLE THEREON OR
ENDORSED BY THE COLLECTOR OR SOMEONE AUTHORISED BY HIM TO THE EFFECT THAT AD VALOREM DUTY HAS BEEN PAID ON BOTH A SOLD CONTRACT NOTE AND A BOUGHT CONTRACT NOTE, THAT IS, TWO ENDORSEMENTS ARE REQUIRED, EACH FOR THE SELLER AND THE BUYER.
AT PRESENT THE COLLECTOR HAS AUTHORISED ONLY FOUR GROUPS OF PEOPLE TO MAKE THESE ENDORSEMENTS -- MEMBERS OF THE HONG KONG STOCK EXCHANGE LIMITED, THE FAR EAST EXCHANGE LIMITED, THE KAM NGAN STOCK EXCHANGE LIMITED AND THE KOWLOON STOCK EXCHANGE LIMITED.
NO SHORTAGE OF DISPENSERS ****
THE DIRECTOR OF MEDICAL AND HEALTH SERVICES, DR. THE HON. K.L. THONG, TOLD THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY) THE GOVERNMENT AND GOVERNMENT SUBSIDISED HOSPITALS HAVE NOT EXPERIENCED A SHORTAGE OF DISPENSERS.
IN REPLY TO A QUESTION FROM THE HON, LEUNG TAT-SHING, DR. THONG SAID THE ESTABLISHMENTS FOR THE DISPENSER GRADE ARE UP TO FULL STRENGTH IN THESE HOSPITALS.
+THERE ARE CURRENTLY 15 VACANCIES IN THE DISPENSER GRADE IN THE GOVERNMENT SERVICE. AND THESE ARE IN THE PROCESS OF BEING FILLED FOLLOWING A RECENT RECRUITMENT EXERCISE WHICH WILL BE COMPLETED BY THE END OF THE YEAR, + DR. THONG POINTED OUT.