2. This Certificate if not applied in payment of Tax may be lodged at the office of the Commissioner of Inland Revenue for repayment. In such case no interest will be paid and repayment of the principal only will be made.
1.
Neither this Certificate nor the obligation created hereby is transferable and the Commissioner of Inland Revenue will not, except as ordered by a Court of competent jurisdiction, be bound to recognize any transfer, charge, deposit, trust or equity affecting the ownership of this Certificate or the moneys represented hereby.
The Certificate Holder, of his legal personal representatives, will be regarded as exclusively entitled to the benefit of this Certificate and the obligation created hereby,
$. The Commissioner may refuse any certificate Lendered in payment of tax or he may refuse repayment to the holder of the principal value thereof until he is satisfied that the signature on the reverse of such certificate is that of the holder or his personal representative or, where the holder is a partnership, body of persons or corporation, that of a partner or official authorised to sign on beball of the holder.
INLAND REVENUE DEPARTMENT,
Note:
HONG KONG.
Commissioner of Inland Revenue.
Please study the Instructions on the reverse and fill in the necessary particulars BEFORE surrendering this Certificate for payment of tax of reimburæpol.
P.T.O.
Date of Issue
Date Redeemed
FOR OFFICIAL USE ONLY.
Number of Intervening' Months
Amount of
Interest
Shroff.
Received the sum of $
Date
Gross Principal & Interest S Applied D/N ....
Refunded
Signed
By Command,
Accountant.
INSTRUCTIONS.
Delete Paragraph 1 or 11 according to circumstances, complete the remaining paragraph and SIGN the form in the space below. The signature must be that of the holder or his legal representative or, where the holder is a partnership. body of persons or corporation, that of a partner or official authorized to sign on behalf of the holder.
1. FOR USE WHEN THE CERTIFICATE IS TENDERED IN PAY-
MENT OF TAX.
(0, being the holder/
the légul personal representative of the halder/authorized to sign on behalf of the holder (2) mamed in this Certificate, request that the principal sumn (or so much thereof as is required) together with any interest payable be applied in payotent or towards payment of lax which is payable by the holder under the Inland Revenue Ordinance as shown on the accompanying documents of demand and the balance (if any) to be refunded to the holder.
IL FOR USE WHEN THE HOLDER WISHES TO REDEEM CERTIFI·
CATE AT FACE VALUE
1.
U being the holder/ the legal personal réprésentative fauthorized to sign on behalf of the holder t named in this Certificate request that the sum of $.....
being the whole of the principal sum be repaid to the holder.
Dare
Signature
(1) Gbert (ull name of person simulag ihi Cendiente.
(2) Dæki ube stuchnatirès which do not apply.
Становнице
Colonial Secretory.
19th December, 1960.
Explanatory Note.
(This Note is not part of the rules, but is intended to indicate theli general purport),
+
1. These rules provide for the issue of a third series of Tax Reserve Certificates of the same fixed depominations as the second series, that is to may, $50,00. $100.00 and $1,000.00.
2. The rules provide for the acceptance of the certificates, together with interest thercon, in payment of salaries tax and lax payable on personal assess- meat. Where certificates are surrendered in payment of these taxes, simple interest is payable at the rate of 3.6 per cent per annum, for a maximum period of thirty-six months, commencing on the first day of the month following the date of issue of the certificate to the first day of the month in which it is accepted for payment of taxes. This interest is not subject to interest tax by virtue of paragraph (c) of the proviso to section 28 of the Inland Revenue Ordinance, Cap. 112.
3. It should be noted that the Tax Reserve Certificates Rule, 1955 and the Tax Reserve Certificates (Second Series) Rules, 1958 are not revoked by these rules, but their application is limited to certificates issued under (hem,
(Secretariat GR3/2306/54)
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