208571-1934-Resolution-under-section-6-1-of-the-Betting-Duty-Ordinance-1931 — Page 1

734

THE HONG KONG GOVERNMENT GAZETTE, SEPTEMBER 14, 1934.

No. 697.

Resolution of the Legislative Council under section 6 (1) of the Betting Duty Ordinance, 1931, as amended by the Betting Duty Amendment Ordinance, 1934.

WHEREAS under section 6 (1) of the Betting Duty Ordin- ance, 1931, as amended by the Betting Duty Amendment Ordinance, 1934, it is provided that on every bet made on any totalisator or pari-mutuel authorised by the said Ordinance there shall be charged a duty on a scale to be determined from time to time by resolution of the Legislative Council and WHEREAS it is expedient that such a scale should now be determined, IT IS HEREBY RESOLVED that in the case of bets made on any totalisator or pari-mutuel authorised by the said Ordinance there shall be paid a duty according to the following scale :-

Where in any year ending on the 31st day of March the total gross receipts from the sale of tickets at such totalisator or pari-mutuel

do not exceed $3,000,000

1 per cent of such total:

exceed $3,000,000 but do not exceed $4,000,000...1 per cent

of such total:

exceed $4,000,000 but do not exceed $5,000,000...2 per cent

of such total;

exceed $5,000,000 but do not exceed $6,000,000...2 per cent

exceed $6,000,000

of such total;

3 per cent of such total.

COUNCIL CHAMBER,

13th September, 1934.

H. R. BUTTERS,

Deputy Clerk of Councils.