14
TUESDAY, MAY 10, 1988
MR CHEUNG ADDED
THAT
ARRANGEMENTS
WERE
MADE BEING
BY
HIS
DEPARTMENT TO IMPOSE STATUTORY CONTROL OVER THE IMPORT OF OF WORKED IVORY UNDER THE ENDANGERED SPECIES) ORDINANCE.
ALL FORMS
ANIMALS
AND PLANTS
(PROTECTION
OF
THE
NEW
MEASURE IN
THE
FORM
OF
"IT IS ANTICIPATED THAT LICENSING CONTROL WILL TAKE EFFECT IN JULY THIS YEAR.
"THEREAFTER, LICENCES MUST BE APPLIED AND FOR THE IMPORT OF ALL WORKED IVORY ITEMS.
OBTAINED IN ADVANCE
VALID DOCUMENTS INCLUDING "APPLICATIONS MUST BE SUPPORTED BY
THE EXPORTING COUNTRIES AND EXPORT PERMITS FROM THE AUTHORITIES OF
FROM OF THEIR ACQUISITION
CITES-APPROVED OTHER DOCUMENTAL SOURCES, HE SAID.
ון
PROOFS
IMPORT OR EXPORT LICENCE ISSUED
MR CHEUNG STRESSED THAT IT IS AN OFFENCE TO ENDANGERED SPECIES NOT UNDER AND IN ACCORDANCE WITH A BY THE AGRICULTURE AND FISHERIES DEPARTMENT.
"OFFENDERS
ARE
LIABLE TO
HEAVY
FINES,
HE SAID.
FORFEITURE OF THE SPECIMENS,
IMPRISONMENT
AND
INTEREST ON TAX RESERVE CERTIFICATES RAISED
* * * *
LEGAL
THE EFFECT
THAT THE
A
HAS
RESERVE
THE GOVERNMENT GAZETTE PUBLISHED YESTERDAY (MONDAY) CONTAINS
FINANCIAL SECRETARY то NOTICE AUTHORISED AN INCREASE IN THE RATE OF INTEREST PAYABLE ON TAX CERTIFICATES.
THE NEW ANNUAL RATE OF AS FROM TOMORROW (WEDNESDAY), WILL BE 4.32 PER CENT (TAX FREE) AS AGAINST THE CURRENT RATE PER CENT (TAX FREE}.
INTEREST OF 3.36
IN
MONTHS
MONTHLY INTEREST BETWEEN
INTEREST ON TAX RESERVE CERTIFICATES IS CALCULATED
PER MONTH PER $100. STEPS AND THE NEW RATE WILL BE $0.36
IN RESPECT
COMPLETE WILL BE CREDITED AS BEFORE PURCHASE AND SURRENDER IN PAYMENT OF TAX.
OF
ARE USED TO PAY CERTIFICATE
INTEREST IS ONLY CREDITED WHEN CERTIFICATES TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A IS REPAID BY A CHEQUE,
THE NEW RATE WILL AFTER MAY 11, 1988.
ΤΟ APPLY
ALL CERTIFICATES
ISSUED
ON OR
/CERTIFICATES WHICH