CO129-554-11 Stamp Amendment Ordinance 1935 18-4-1935 - 25-6-1935 — Page 8

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New heading No. 14B for Ordin- ance No. 8 of 1921, Schedule.

(2) Every instrument under hand only (not being a promissory note or bill of exchange) making redeemable or qualifying a duly stamped transfer, intended as a security, of any registered share or marketable security shall be deemed to be an agreement, and shall be charged with duty according- ly.

(3) A release or discharge of any such instrument shall not be chargeable with any ad valorem duty.

6. The Schedule to the Stamp Ordinance, 1921, is amended by the insertion of the following heading immediately after heading No. 14A:-

14B.

Cashier Order, 10 Adhesive. Before

if passed

cents.

through a bank

other than the

The lodgment. person

lodging.

bank of issue.

Amendment

of Ordinance No. 8 of

1921,

Schedule, Heading

No. 15.

Amendment

No. 8 of

7. Heading No. 15 in the Schedule to the Stamp Ordin- ance, 1921, is amended in the Second column by the substitu- tion of "Debenture: See Shares and see Mortgage" for "Debenture: See Marketable security".

8. Heading No. 29 (4) in the Schedule to the Stamp of Ordinance Ordinance, 1921, is amended in the second column by the substitution of ", (except a share as defined in paragraph (28) of section 3, or other marketable security)" for "(except a marketable security)”.

1921, Schedule, Heading

No. 29 (4).

Amendment

9. Heading No. 33 (2) in the Schedule to the Stamp of Ordinance Ordinance, 1921, is amended

No. 8 of 1921, Schedule,

Heading

No. 33 (2).

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(a) in the second column by the addition of the words "for amounts exceeding $20" after the words "renewal receipts" in paragraph (2); and

(b) in the third column by the substitution of "10 cents" for "5 cents".

Passed the Legislative Council of Hong Kong, this 18th day of April, 1935.

R. A. D. FORREST, Deputy Clerk of Councils.