463
82
HONGKONG LEGISLATIVE COUNCIL
On Section 7 sub-section (c) the ATTORNEY-GENERAL proposedan amend- ment so that the Clause should read:-
un-
(e) by the repeal of the words less executed within the Colony" in sub-section (8) (a) thereof.
THE ATTORNEY-GENERAL, in moving the amendment said: At present, transfers of shares which are on a local register are, under the Companies Ordinance, liable to stamp duty if executed within the Colony. The recent Stamp Ordinance provided that such transfers need not be stamped here and this amendment is to bring the Companies Ordinance into agreement with the recent Stamp Ordinance.
HON. MR. POLLOCK-This registers outside the Colony !
and by the addition of the words "in Council"
immediately after the word "Governor" in the third line thereof.
THE ATTORNEY-GENERALmoved a new clause, 24, as follows:-
24, Section 7 of the Companies Ordin- ance, 1915, is amended by the repeal of the words "unless executed by the transferor within the Colony in sub-section (2) thereof.
He said: That, sir, is also an amend- ment to bring this Bill into line with the recent Stamp Ordinance. Formerly shares in China Companies, if executed by the transferor here, were liable to duty. The refers to Stamp Ordinance exempts them from all duty and this brings this Ordinance into agree-
THE ATTORNEY-GENERAL—Yes, a re- gister kept, by licence, outside the Colony. The original draft of this Bill was made be- fore the Stamp Ordinance was thought of.
Clause 7, as amended, was approved.
On Clanse 13, the ATTORNEY-GENERAL moved the addition of a sub-section as follows:-
(3) Every Order in Council made
under this section shall be laid on the table of the Legislative Council at the first meeting thereof held after the publication of such Order in Council in the Gazette, and if a resolution be passed at the first meeting of the Legis- lative Council held after such Order in Council shall have been laid on the table of the said Council resolving that any such Order in Council shall be rescinded or amended in any manner whatsoever, the said Order in Council shall, without prejudice to anything done thereunder. be deemed to be rescinded, or amended as the case may be, as from the date of publication in the Gazette of the passing of such resolution.
The amendment was approved.
Clause 19 was amended to read follows:-
as
ment.
The new clause was approved.
This involved a re-numbering of the subsequent sections; this was done, and the remainder of the clauses of the Bill wore approved.
The Council resumed and the third reading was approved, on the motion of the ATTORNEY-GENERAL, seconded by the COLONIAL SECRETARY,
The Bill passed accordingly.
The Adjournment
The Council adjourned until 2.30 p.m., on July 14th.
FINANCE COMMITTEE.
A meeting of the Finance Committee was afterwards held, the COLONIAL SECRE TARY presiding.
Hunghom Railway Station
The Governor recommended the Council Section 224 of the Companies Ordin- to vote a sum of $2,700 on account_of ance 1911, is amended by the repeal of Kowloon-Canton Railway, Special Ex- the word " smaller " and by the subpenditure, New Building for block work- stitution therefor of the word " other,' ing at Hunghom.
HONGKONG LEGISLATIVE COUNCIL
83
THE CHAIRMAN-The Manager of the THE CHAIRMAN-In connection with Railway has recommended, and the the laboratory equipment of Queen's Government has agreed to, the closing College a sum of $447.41 was spent in of Hunghom station at present, as it the first three months of this year on is unsafe and likely to fall down, and account of an indent which was
sent in does not seem to be required. He is March last year, the goods not being submitting a plan of the future lay-out received at all in that year. There is a of the station and the operation of the corresponding saving in last year's vote. railway and the reclamation and that It is, therefore, necessary to provide involves in any case, whatever is done in for the order given this year for labo- future. the erection of an operating ratory equipment and this bill of $447 block cabin, of which he has submitted has nearly exhausted the vote, and a plan and in making the recommen- there is an anticipated excess of $381.84; dation for that operating block cabin he $400 is asked for to be on the safe side. writes that it will always be necessary to have a staff there to operate the block Approved. section and to make up the trains. He proposes to make arrangements which will enable him to
with dispense two pointsmen and no station master
booking clerk will be required. to vote a sum of $1,000 in aid of the In place of these he is going to vote Harbour Master's Department, appoint two block operators. The
or
Harbour Office Vote
The Governor recommended the Council
cost of the whole work, including the Other Charges, Examination Fees. alteration of fencing, levers, rodding, etc., is $2,700, which he now asks,
Approved.
•
Queen's College Laboratory
THE CHAIRMAN-More examinations for certificates of competency as masters, mates and engineers have taken place this year than were expected. The total vote allowed for the whole year was $1,000, and that has been already ex- hausted by the examinations, which took place between January and June. The fees amount to $1.050. It is anticipated The Governor recommended the Council that nearly $1,000 will be required for to vote a sum of $400 in aid of the
the second half year and this is now vote Education, A.-Director of Edu-asked for. cation, Other Charges, Laboratory (Queen's College).
Approved.
No comments yet.
Private notes are available after approval.