203014-1933-Supplementary-Draft-Bill--Betting-Duty-Amendment — Page 1

Page

728

LEGISLATIVE COUNCIL.

Draft Bill.

No. S 273.-The following bill is published for general

information -

C.S.O. 3215/30.

A BILL

[No. 20-27.6.33.-1.]

Short title.

Addition to title of Ordinance No. 40 of 1931.

Amendment

of Ordinance 1931, s. 6 (1).

No. 40 of

Commence- ment.

INTITULED

An Ordinance to amend the Betting Duty Ordinance, 1931.

Be it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:

1. This Ordinance may be cited as the Betting Duty Amendment Ordinance, 1933.

2. The Betting Duty Ordinance, 1931, is amended by the addition of the following words after the word "cash- sweeps" at the end of the long title thereof :-"and to amend the law relating to Gambling.'

3. Section 6 (1) of the Betting Duty Ordinance, 1931, is amended by the substitution of the words "two and a half per cent." for the words "three per cent.".

4. This Ordinance shall come into force on the first day of September, 1933.

Objects and Reasons.

1. Section 2 of this Ordinance adds, at the suggestion of the Secretary of State in his despatch of the 26th February, 1932, eight words to the long title of the principal Ordinance, No. 40 of 1931.

2. The existing long title expresses the primary object of the principal Ordinance, which was to make provision for the taxation of bets on authorised totalisators or pari-mutuels and on contributions or subscriptions towards authorised cash- sweeps; but to effect that purpose section 9 of the principal Ordinance contained provisions amending the Gambling Ordi-

nance.

3. Section 3 reduces from three per cent. to two and a half per cent. the duty on totalisator or pari-mutuel bets. authorised under the principal Ordinance.

4. Section 4 brings this amending Ordinance into opera- tion before the opening of the Autumn racing season.

C. G. ALABASTER,

June, 1933.

Attorney General.