CO129-586-8 War Taxation 2-2-1940 - 11-5-1940 — Page 137

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

WAR REVENUE BILL, 1940.

THE FINANCIAL SECRETARY.-I rise to move that the Council go into Committee to consider this Bill clause by clause.

THE ATTORNEY GENERAL seconded, and this was agreed to.

Clause 2.

THE ATTORNEY GENERAL.-I have to move amendments in two parts of this Bill which were suggested in the report of the Standing Law Committee. In the definition of "Owner", in the first and second lines, I move that "and/or" be substituted for "and" in both cases; and after the definition of profits the following be added 'profits made from transactions in the Colony' means the whole profits except such portion thereof as is properly attributable to the transactions of an office situated outside the Colony."

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