CO129-530-8 Estate Duty Ordinance- 1931- Bill 27-2-1931 - 15-12-1931 — Page 29

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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therefore clearly contrary to

Section 28 of the Company tes

Company's

Ordinance.

Clause 13 of the

Consolidation Bill is not open

to a similar objection.

26 of

Clause.

3. With regard to Section

Bill

15 of the Ordinance, I am

advised that if all interests

in land which may be subject to

estate duty are, and must be,

leasehold, there would be no

need

to

point i altering the present

clause

wording of the Section.

4.

His Majesty will not

be advised to exercise his power

of disallowance in respect of

Ordinance No. 6 of 1931.

5. As the Draft Bill

consolidates and amends the

existing Law, I shall be glad

if you will furnish me with a

in detail

comparative table showing how far

the Bill reproduces the existing

ordinances

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