581098-1940-Defence-Finance-Regulations-1940 — Page 7

THE HONG KONG GOVERNMENT GAZETTE, MARCH 21,

1940.

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to furnish

6. Without prejudice to any special provision contained Directions in these Regulations the Governor or a person designated by information, the Governor for the purpos of this regulation may, for etc. the purpose of securing compliance with these Regulations, give to any person directions requiring him, within such time, in such manner and to such persons as may be specified in the directions, to furnish such information as may be SO specified and to produce for inspection any relevant books. accounts or other documents.

exempt

7.--(1) Without prejudice to any power conferred by General any of these Regulations, the Governor, by an order made by power to hin generally with respect to any description of securities or securities. by a certificate given by king or on his behalf with respect to any partienlor securities, my exempt the securities, to which the order or cortiliente relates from the provisions of all or any of these Regulations.

(2) An order or certificate under the progeding paragraphi shall be deemed to relate not only to the securities specified in the order or certificat- but also to ane security to which the owner of securities specified may become or has become miled as such, other by www ontts or in conseniteter of

any conversion operation, analesmation or reconsimet

(6) Nothing in any order under paragraph (1) or para- graph (2) or in paragraph (3) of regulation 4 of these Regulations and nothing in regulation 2 of these Regulations shall apply in relation to any security to which an order or certificate under this regulation relates, and nothing in regulation 5 shall apply in relation to any amount of currency which an owner of any such security has become entitled as such to recrive.

ol

(4) For the purposes of this regulation, the expression security includes a deposit receipt in respect of the deposit

urities.

TO STOR duty.

8. -(1) Stamp duty shall not be chargeable on any Exemption security by reason only of the assignment, transfer or nego- tiation thereof to the Commissioners for the time being of His Majesty's Treasury in the United Kingdom or to the Colonial Treasurer Incorporated, and shall not be chargeable--

(d) on any instrument whereby any security is assigned or transferred to the Commissioners or the Colonial Treasurer Incorporated (whether on sale or otherwise), or

(b) on any contract note for, or relating to, any sale of securities to the Commissioners or the Colonial Treasurer Incorporated.

(2) This regulation applies only in relation to assign- ments transfers, negotiations or sales of securities effected during the continuation in force of this regulation, whether in compliance with these Regulations or otherwise.

" contract note

(3) In this regulation the expression has the meaning assigned to the expression "share contract note" in section 3 (28) of the Stamp Ordinance, 1921.

of Defence

9. The provisions of the Defence Regulations of the Application Colony for the time being in force shall apply for the purpose Regulations of the enforcement of these Regulations, and otherwise in of the relation thereto, as if any reference in those Regulations included a reference to these Regulations.

Colony,