1950-HKRS28-8-17_Part01 — Page 47

اللہ

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1.5

HỒNG KÔNG

No, 10 of roso.

❘ assent.

Mhanistan.

Governor.

25th May, 1950.

An Ordinance to amend the Inland Revenue Ordinance, 1947-

[26th May, 1950.]

Be it 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 Short title. (Amendment) Ordinance, 1950, and shall be read as one with

the Inland Revenue Ordinance, 1947, hereinafter referred to as Ordinance the principal Ordinance.

No. 20 of 1947.

*

Section 5 of the principal Ordinance is hereby repealed Repeal and and replaced as follows-

replacement of section. B of the **5. For the purpose of charging tax under this Ordinance principal the standard rate shall be twelve and one-half per cent."

Ordinance.

11

3. Subsection (2) of section 10 of the principal Ordinance Amendment

is hereby repealed and replaced as follows-

of section

10 of the principal Ordinances.