TNAG-1654-FCO40-2302-Hong-Kong-Inland-Revenue-(Amendment)-Ordinance-1987-1987 — Page 27

A BILL

To

Amend the Inland Revenue Ordinance.

Enclosure No. 4

Enacted by the Governor of Hong Kong, with the advice and consent

of the Legislative Council thereof.

1. (1) This Ordinance may be cited as the Inland Revenue (Amend- Short title and ment) Ordinance 1987.

(2) This Ordinance shall, subject to subsection (3), apply in relation to the year of assessment commencing on 1 April 1987 and all subsequent years of assessment.

(3) Sections 3 and 4 shall be deemed to have come into operation on 26 February 1987.

2. Section 14 of the principal Ordinance is amended—

(a) in the fourth proviso--

(i) by inserting after “1984 and all subsequent years of assess- ment" the following--

"up to and including the year of assessment commencing on 1 April 1986":

(ii) by deleting the full stop and substituting a semicolon; and

(b) by inserting after the fourth proviso the following-

"Provided further that for the year of assessment commencing on 1 April 1987 and all subsequent years of

assessment-

commencement.

Amendment of section 14