A132
Ord. No. 28/88
L.S.
INLAND REVENUE (AMENDMENT)
HONG KONG
No. 28 of 1988
I assent.
Short title and application.
Amendment of section 12B.
(Cap. 112.)
Amendment of section 14.
David WILSON,
Governor.
26 May 1988
An Ordinance to amend the Inland Revenue Ordinance.
[27 May 1988]
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- ment) Ordinance 1988.
(2) This Ordinance shall apply in relation to the year of assessment commencing on 1 April 1988 and all subsequent years of assessment.
2.
Section 12B of the principal Ordinance is amended by inserting after subsection (2) the following—
"(3) Notwithstanding paragraph (b) of subsection (2), for the purpose of ascertaining the net chargeable income for any year of assessment of a husband and wife, not being a wife living apart from her husband, no allowance under paragraph (e) of section 42B(1) in any year of assessment shall be granted unless the husband has, in such year of assessment, assessable income other than income of his wife which is aggregated with his under subsection (2).".
3. Section 14 of the principal Ordinance is amended-
(a) in the fifth proviso-
(i) by deleting "and all subsequent years of assessment"; and (ii) by deleting the full stop and substituting a semicolon; and (b) by inserting after the fifth proviso the following-
"Provided further that for the year of assessment commencing on 1 April 1988 and all subsequent years of
assessment-
No comments yet.
Private notes are available after approval.