CO129-537-11 Companies Ordinance 1932 2-12-1932 - 26-5-1934 — Page 31

Telephone No.: WHITEHALL 1234.

NOUWN FOR DISA

Any reply to this letter should be addressed to—

SCHEME

THE SECRETARY,

TREASURY,

WHITEHALL, LONDON, S.W.1,

and the following number quoted :

F.11091.

Sir,

Thonicsoncom

¿

28...AR 1933

TREASURY CHAMBERS.

th 28 March, 1933.

31

3

*

I have laid before the Lords Commissioners of

His Majesty's Treasury Mr. Calder's letter of the 3rd

March 1933 (92583/34/32) enclosing a copy of an Ordinance

which has been passed by the Legislature of Hong Kong

entitled "An Ordinance to consolidate and amend the law

relating to Companies".

In reply I am directed to request you to inform

the Secretary of State for the Colonies that My Lords

understand from the Board of Inland Revenue that so far as

that Board is aware there is not in Hong Kong a stamp duty

on the nominal capital of companies corresponding to the

duty charged by Section 112 of the (United Kingdom) Stamp

Act, 1891. The Board of Inland Revenue point out that if

there be no such duty the references to stamp duty in the

latter half of clause 48(4) and the proviso to that sub-

clause would appear to be unnecessary. Apart from this

My Lords do not wish to offer any observations on the

The Under Secretary of State,

Colonial Office.

Ordinance.