XN000022-1988-11-02 — Page 4

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WEDNESDAY, NOVEMBER 2, 1988

TAX EXEMPTION FOR TRAINING BUSES PROPOSED

*

A BILL

INTO INTRODUCED

THE

TODAY

COUNCIL LEGISLATIVE

FOR THE TRAINING OF BUS (WEDNESDAY) WOULD EXEMPT BUSES USED SOLELY

THE LAW DRIVERS FROM FIRST REGISTRATION TAX AND REMOVE AN ANOMALY IN BY MAKING SPECIAL PURPOSE VEHICLES SUBJECT TO THIS TAX.

(FIRST VEHICLES THE SECOND READING OF THE MOTOR TAX) (AMENDMENT) BILL 1988, WAS MOVED BY THE SECRETARY FOR THE HON MICHAEL LEUNG.

REGISTRATION TRANSPORT,

THE KOWLOON-CANTON

BUSES USED BY FRANCHISED BUS COMPANIES AND RAILWAY CORPORATION FOR OPERATING A PUBLIC BUS SERVICE FROM FIRST REGISTRATION TAX, MR LEUNG SAID.

WERE EXEMPTED

TRAINING

WAS IMPOSED ON BUSES USED FOR HOWEVER, THIS TAX DRIVERS BECAUSE THESE VEHICLES WERE CLASSIFIED AS PRIVATE BUSES.

MR LEUNG SAID THAT THESE VEHICLES SHOULD ALSO BE EXEMPTED THE TAX BECAUSE TRAINING DRIVERS WAS ESSENTIAL TO THE OPERATION PUBLIC RUS SERVICE.

FROM OF A

ANOMALY IN

MR LEUNG ALSO EXPLAINED THE AMENDMENT TO REMOVE AN THE PRESENT MOTOR VEHICLES (FIRST REGISTRATION TAX) ORDINANCE.

AS MOBILE CRANES, HE SAID THAT SPECIAL PURPOSE VEHICLES SUCH

GENERAL BULLDOZERS AND FORK-LIFT TRUCKS WERE FORMERLY INCLUDED IN THE

SUBJECT TO A DEFINITION OF "MOTOR VEHICLES" UNDER THE ORDINANCE AND 15 PER CENT FIRST REGISTRATION TAX.

FOR

DIFFERENT CLASSES OF 1983, THE DEFINITION

HOWEVER, WHEN SEPARATE DEFINITIONS VEHICLES WERE INTRODUCED INTO THE ORDINANCE IN FOR THIS TYPE OF VEHICLES WAS UNINTENTIONALLY OMITTED.

EXCLUDED FROM THE TAX IN LAW THIS RESULTED IN THEIR BEING ALTHOUGH IN PRACTICE THEY CONTINUED TO BE SUBJECT TO SUCH A TAX.

AFTER MAY 13, 1T WAS CONSIDERED APPLICATION, HE

REGISTERED AS REGARDS SPECIAL PURPOSE VEHICLES 1983 AND BEFORE THE ENACTMENT OF THE PRESENT BILL, APPROPRIATE TO REFUND THE TAX TO VEHICLE OWNERS UPON ADDED.

DEBATE ON THE BILL WAS ADJOURNED.

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