TNAG-1359-FCO40-1800-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1985 — Page 87

M(85)14

CONFIDENTIAL

120 -

(b)

under

section 3 of that

Ordinance, that the resumption

of the private land referred to

in paragraph 3 of the memorandum

is required for that purpose.

(The District Lands Officer, Islands, Mr Y.C.

attended before the Council for the

WAN-MIN-KEE,

discussion of this item.)

A117

Inland Revenue Ordinance (Chapter 112) SUN YAU INVESTMENT COMPANY LIMITED

PETITION FOR EXEMPTION

FROM PAYMENT OF PROFITS TAX

FOR THE YEAR 1980-81 UNDER SECTION 87

(FIN P2/19 (TC 45/85))

The Council considered memorandum XCC(85)29.

The Council ADVISED and the Governor ORDERED:

under section 87 of

of the Inland

Revenue Ordinance, that the

petition from the Sun Yau

Investment

Company Limited

should be rejected.

(The

Commissioner of Inland Revenue, Mr V.A.

LADD, attended before the Council for the discussion of

this item.)

CONFIDENTIAL