HONG KONG LEGISLATIVE COUNCIL.
11353
"Resolved that the duties set out in the Resolution passed by this Council on the 19th June and published in the Government Gazette of the 20th June, 1930, by Government Notification No. 380 be varied and that subject to the provisions of sub-section (3) of section 6 of the Tobacco Ordinance 1916 (Ordinance No. 10 of 1916) as enacted by section 7 of the Tobacco Amendment Ordinance 1929 (Ordinance No. 3 of 1929), the duty payable
(2) upon all tobacco imported into the Colony after the coming
into operation of this resolution, and
(ii) upon all dutiable tobacco already in the Colony at the coming into operation of this resolution shall be as stated in the following table per pound weight: Provided that the dollars and decimals thereof stated in the Table shall be conventional dollars reckoned as the equivalent of one shilling and eight pence sterling; and that consequently to arrive at the actual amount payable in Hong Kong currency the conventional dollar stated in the Table shall be multiplied by 20 and divided by a figure settled by the Colonial Treasurer from time to time representing the average opening selling rates for the previous month of the Hong Kong and Shanghai Banking Corporation for demand drafts on London and until so settled the figure shall be 11.37.
TABLE.
A. On unmanufactured tobacco:-
(1) If unstripped:-
(a) containing 10 pounds or more of moisture
per 100 pounds weight thereof
$0.50
(b) containing less than 10 pounds of
moisture per 100 pounds weight thereof $0.56
(2) If stripped:-
(a) containing 10 pounds or more of moisture
per 100 pounds weight thereof
$0.60
(b) containing less than 10 pounds of
moisture per 100 pounds weight thereof $0.66
B. On manufactured tobacco:-
(1) Cigars
$1.50
(2) Cigarettes
$0.75
(3) Other manufactured tobacco, including snuff and cigar cuttings
$0.75"
THE ATTORNEY GENERAL seconded and the motion was
agreed to.
415
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