CO129-468 - Governor Sir Stubbs - 1921 [6-8] — Page 185

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HONGKONG.

No. 8 F 1921.

I assent to this Ordinance.

CLAUD SEVERN,

Oficer Administering the Government.

30th April, 1921.

An Ordinance to amend the law relating to

stamp duty.

[30th April, 1921.]

Be it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-

1. This Ordinance may be cited as the Stamp Ordi- Short title. Dance, 1921.

2.-(1.) It shall be lawful for the Governor to appoint Collector and any person to be Collector, and any other person to be Assistant Assistant Collector, for the purposes of this Ordinance, Collector. and failing such appointment the Colonial Treasurer shall be Collector and the Assistant Treasurer shall be Assistant Collector.

(2) The Assistant Collector shall have the same rights and powers as the Collector.

3. In this Ordinance :-

C#

31

Inter-

prelation,

Accident

(1) Accident policy means policy of in-

surance for any payment agreed to be made policy. upon the death of any person only from 54 & 55 Vict. accident or violence or otherwise than from e. 39, 8, 98,

a natural cause, or as compensation for personal injury.

(2.) "Bank note"

includes (a) any bill of Bank note. exchange or promissory note issued by any 54 & 56 Vict. banker for the payment of money to the c, 39, a. 29. bearer on demand; and (b) any bill of exchange or promissory note so issued which entitles or is intended to entitle the bearer or holder thereof, without indorsement or without any further or other indorsement than may be thereon at the time of the issuing thereof, to the payment of money on demand, whether the same be so expressed or not and in whatever form or by whom- soever the bill or note is drawn or made.

(3.) "Banker" means any person or firm carry- Banker,

ing on the business of banking within the 54 & 55 Viet. Colony.

c. 39, s. 29,

(4.) "Bill of exchange" includes cheque, circular Bill of

note, draft, letter of credit, order, travellers exchange. cheque, and any instrument (except a bank 54 & 55 Vict. note or compradore order) entitling or pur- . 39, s. 32. porting to entitle any person, whether named therein or not, to payment by any other person of, or to draw upon any other person for, any sum of money; and the term "bill of exchange payable on demand", includes:- (a.) An order for the payment of any sum of money by a bill of exchange ar promissory note, or for the deli- very of any bill of exchange or promissory note in satisfaction of any sum of money, or for the pay- ment of any aun of money out of any particular fand which may or may not be available, or upon any condition or contingency which may or may not be performed or happen; and

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