20244-1911-Ordinances-passed-and-assented-to--Crown-Lands-Resumption-Amendment-No-28-of-1911 — Page 30

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THE HONGKONG GOVERNMENT GAZETTE, AUGUST 25, 1911.

Amemiment of sui section (2) of section 8 of the Principal Aplinance.

Amendment

of sub-sec. tion (1) of section 14 of the Principal

Ordinance.

How instru-

be written and stamped. 34 & 55 liet.

2. Section 8 sub-section (2) of the Principal Ordinance is hereby amended by adding the following proviso at the end thereof :--

“Provided that the instruments specified in sub-sub- sections (7) and (₺) may be stamped after execution if the Collector is satisfied by Statutory Declaration or otherwise as he may require that the omission to stamp arose solely from urgent necessity and if the instruments be brought to be stamped without any delay."

3. Section 14 sub-section (1) is hereby amended by deleting the words "hereby charged with the duty of two

cents

4. 1.) Every instrument written upon stamped mate- ments are to rial is to be written in such manner, and every instrument partly or wholly written before being stamped is to be so Stamped, that the stamp may appear on the face of the instrument, and cannot be used for or applied to any other instrument written upon the same piece of material.

e. 39 s. 3

Instruments to be

separately charged with duty in cer tain cases. ib. s. 4.

Facts and circumstan-

ges affecting

inty to be set forth in

instruments

th. s. 5

Mods of calculating að valor, ne dury har ske tain enses il

(2.) If more than one instrument be written upon the same piece of material, every one of the instruments is to be separately and distinctly stamped with the duty with which it is chargeable.

5. Except where express provision to the contrary is made by this or any other Ordinance,----

(2.) An instrument containing or relating to several distinct matters is to be separately and dis- tinetly charged, as if it were a separate instru- ment, with duty in respect of each of the matters;

(5.) An instrument made for any consideration in respect whereof it is chargeable with ad valo- rem duty, and also for any further or other va- luable consideration or considerations, is to be separately and distinctly charged, as if it were a separate instrument, with duty in respect of each of the considerations,

6. All the facts and circumstances affecting the liability of any instrument to duty, or the amount of the duty with which any instrument is chargeable, are to be fully and truly set forth in the instrument; and every person who, with intent to deframi His Majesty,-

(a.) executes any instrument in which all the said facts and circumstances are not fully and truly set forth : or

(5.) being employed or concerned in or about the preparation of any instemment, neglects or omits fully and truly to set forth therein all the said facts and circumstances

shall incur on summary conviction a fine not exceeding one hundred dollars.

7-(1) Where an instrument is chargeable with art valorem duty in respect of—

(a.) any money in currency other than Hongkong

currency, or

(b) any stock or marketable security,

the duty shall be calculated on the value, on the day of the date of the instrument, of the money or stock or security in Hongkong currency according to the current rate of ex- change,

re-

(2.) Where an instrument contains a statement of ear- rent rate of exchange, or price, as the case may quire, and is stamped in accordance with that statement, it is, so far as regards the subject-matter of the statement, to be deemed duly stamped, unless or until it is shown that the statement is untrue, and that the instrument is in fact insufficiently stamped.

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