1962-HKRS28-8-29_Part03 — Page 35

Amendment

(b) the insertion of the following new subsection-

9.

*(3) For the purposes of this section interest shall be charged only on the duty which would have been pay- able if the duty had been charged at the rate set out in the applicable Schedule.”.

Section 19 of the principal Ordinance is amended by the dele- of section 19. tion from subsection (1), at the end thereof, of the words "Supreme Court in its summary jurisdiction", and the substitution therefor of the following-

Amendment

"District Court”.

10. Section 24 of the principal Ordinance is amended by the inser. of section 24. tion, after the word "penalty", of the following-

Amendment

"or the interest on any duty".

II. Section 32 of the principal Ordinance is amended by the dele- of section 32. tion in subsection (4) of the word "Seventh" and the substitution there-

for of the following-

Amendment

of Skub Schedule.

Addition of new Schedule.

"Eighth".

12. The Sixth Schedule to the principal Ordinance is amended by the deletion of the words "until this Schedule is superceded" and the substitution therefor of the following-

"before the 1st day of January, 1963,”.

13. The principal Ordinance is amended by the addition, after the Sixth Schedule thereto, of the following new Schedule--

4

Where the principal value of the estate

Estate duty shall be payable at the rate per cent of

יוד

15

16

17

MREKARA & 883 9

Exceeds

700,000 800,000

"

**

ww

TH

H

200,000 900,000

*

900,000

EN

OP

*

1,000,000

1

1,000,000

MIL

1,500,000

1,500,000

忡

บ

2,000,000

19

N

2,000,000

[

5

Π

3,000,000

20

Abbeken

3,000,000

T

H

4,000,000

petek

33

4,000,000

M

*

5,000,000

27

M

5,000,000 7,000,000 10,000,000 15.000.000

FFI

M

H

k

7,000,000

30

IT

[

re

10,000,000

33

E

P

15,000,000

35

40

די

13

**

וי

14. The Seventh Schedule to the principal Ordinance is amended Amendment by being renumbered the Eighth Schedule thereto.

This printed impression has been carefully compared by me with the Bill which passed the Legislative Council on the 19th day of December, 1962, and is found by me to be a true and correctly printed copy of the said Bill.

Alesear

of Seventh Schedule.

*SEVENTH SCHEDULE.

Clerk of Councils,

[ss. 3. 5. 11, 13,

(Secretariat CR10/2524/45)

14, 20, 21 and 24)

1963,

Persons dying on or after the Ja day of January,

and until this Schedule is superceded.

Where the principal value of the estate

Estate duty shall be payable at the

rate per cent of

Exceeds

100,000 and does not exceed 200,000

200,000

3

+

15

300,000

5

"

300,000

I

M

"

"

350,000

-

350,000

H

D

400,000

@

ונ

400,000

**

прода

M

1.

450,000

IT

450,000

H

500,000

10

300,000

**

*

TH

$50,000

11

to

$50,000

ря

"I

ተተ

600,000

12

物

600,000

+

700.000

14

IF

n