603621-1940-Supplementary-Report-of-the-Members-of-the-Standing-Law-Committee-of-the-Legislative-Council-on-the-War-Revenue-Bill-1940 — Page 1

356

LEGISLATIVE COUNCIL

No. S. 152.-The following is published for general information.

REPORT

of

The members of the Standing Law Committee of the Legislative Council on the

War Revenue Bill, 1940.

The members of the Standing Law Committee have con- sidered the Bill and various amendments suggested to them by the Legal Sub-Committee of the Hong Kong General Chamber of Commerce and by others who have made a close study of the provisions of the Bill.

As a result of this consideration they recommend the amendments set out in the appendix to this Report.

1st April, 1940.

C. G. ALABASTER,

H. R. BUTTERS,

H. E. POLLOCK,

M. K. Lo,

LEO D'ALMADA E CASTRO, JNR.

Appendix.

line;

In clause 2 of the Bill-

(a) In the definition of owner

((

(i) substitute and/or" for and in the first line; (ii) substitute

for " includes

means

in the second

(iii) substitute" and/or for "and in the second line.

The object of these amendments is to make provision for those cases where the land and the improvements thereon are separately owned.

(b) After the definition of "profits" add the following definition:

*C

25

'profits made from transactions in the Colony means the whole profits except such portion thereof as is properly attributable to the transactions of an office situated outside the Colony".

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