1958-HKRS28-8-25_Part02 — Page 15

3

Short title.

Validation.

(G.N.A. 141/62).

(Cap. 97).

duties specified in the Stamp Ordinance and the Schedule thereto subject to the modifications shown in the second column of the Schedule to the said regulations;

(c) the aforesaid exemption and modifications were never intended to extend to any instrument affecting land in the New Territories to which Part II of the New Territories Ordinance does not apply;

(d) the Collector of Stamp Revenue has since collected from

time to time stamp duties on instruments affecting land in the New Territories to which Part II of the New Territories Ordinance does not apply at the rate specified in the Stamp Ordinance, without applying such exemption and modifications;

(e) the Stamp (N.T.) (Exemption and Modification

(Amendment) Regulations, 1958, make provision exclude all instruments affecting land in the No Territories to which Part II of the New Territor Ordinance does not apply from the aforesaid exemptię and modifications;

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(it is expedient to validate the collection of stamp duties on such instruments since the coming into operation of the Stamp (N.T.) (Exemption and Modification) Regule tions, 1952.

NOW, THEREFORE, BE IT ENACTED by the Governor of Hoig Kong, with the advice and consent of the Legislative Coun thereof, as follows-

1. This Ordinance may be cited as the Stamp Dub Collection (Validation) Ordinance, 1958.

2. All stamp duties collected by the Collector of Sta Revenue since the coming into operation of the Stamp (N.1) (Exemption and Modification) Regulations, 1953, on any instre ment affecting land in the New Territories to which Part II of the New Territories Ordinance does not apply shall be deemed to ban been lawfully collected in all cases where the same would ha been lawfully collected if the Stamp (N.T.) (Exemption and Mo fication) (Amendment) Regulations, 1958, had been in operation at the date of the collection.

Passed the Legislative Council of Hong Kong, this 25th day of June, 1958.

воро

Deputy Clerk of Councils.

(Secretariat GR1/3601/47)