1978-HKRS28-16-26_Part02 — Page 5

instrument which had become chargeable with duty prior to the 6th March 1978, and the principal Ordinance shall, until such instrument is duly stamped, continue to apply in relation to such instrument as if this Ordinance had not been enacted.

(2) Nothing in section 12 or paragraph (c) of section 18 of this Ordinance shall apply in relation to transactions entered into prior to the 6th March 1978, and section 26 and heads 18A(1) and 27 of the principal Ordinance shall continue to apply in relation to such transactions as if the said sections 12 and 18 had not been enacted,

Enactment

Stamp Duties Manage-

ment Ordinance (Cap. 121).

Companies Ordinance

(Cap. 32).

Stamp and Denoting

of Documenta Regulations (Cap. 117).

SCHEDULE

CONSEQUENTIAL. AMENDÄENTS

Extent of amendmeni

(s. 19.)

In section 10, delete paragraphs (d), (e) and ().

In section 6, delete "must bear the same stamp al if it were a deed, and".

In section 12, delete paragraph (c).

Regulation 2 is revoked and replaced by the following-

dom of adhetime

DIENTES.

2. The denominations of adhe- divo teveque stamps are sa follows-

$1

$ 9

$ 30

$2.

STO

$ 40

$3

$12

$ 50

54

$15

$ 60

$5

$16

$ 80

$6

$20

$100

ES

$25

$200.",

Enactment

Extent of amendment

Regulation 11 is revoked and replaced by the following

*Collector

to prescribe als. (Cap. 117, Muth, Den)

11. The Collector shall prescribe the dia to be used in a "licensed machine, and the colour of the stamp, For stamping any instruments au- thorized by the Stamping and Denot- ing of Documents Regulations to be stamped by means of such machine.",

In the Schedule-

(4) delete “in Claš

(see Note)'; (6) delete the Note and substitule the following- "Note The instruments specified in the Schedule to the Stamping and Denot- ing of Documents Regulations are certain transfers of shares and markotable securities to which head 48(2) of the Stamp Ordinance (Cap. 117) applies.".

Passed by the Hong Kong Legislative Council this 26th day of April 1978.

Plan

Clerk to the Legislative Council.

This printed impression has been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of the said bill.

Plan

Clerk to the Legislative Council.

Stamp Duties Manage-

ment (Franking Machines) Regula- tions (Cap. 121).

In regulation 5, delete “overprinted with the letters B. of E. or.

Delete regulation 6(1).

Regulation 7 is revoked.

In the Schedule, delete Class I, Class 11 and Class IX.

In regulation 3(1), delete "one of the classes of instrument and substitute "of the instruments",

lo regulation 3(2), delete paragraph (2).

In regulation 7, delete “of the class".

In regulation &(2)—

(a) delete "in Class X";

(b) delete "instruments within that Class" and

substitute "such instruments".

י