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THE HONG KONG GOVERNMENT GAZETTE, DECEMBER 11, 1931.
R-11,
The Hon. Mr. C. G. S. MACKIE addressed the Council in Committee and moved the following amendment to clause 2. That a sum not exceeding $25,708,257 in place of the sum of $26,641,787 shall be and the same is hereby charged upon the revenue and other funds of the Colony for the service of the year 1932 ".
The Hon. Mr. W. H. BELL seconded.
On the amendment being put to vote it was declared lost.
Nine members voted against and seven, Hon. Sir SHOUSON CHоw, Kt., Hon. Mr. R. H. KOTEWALE, C.M.G., LL.D., Hon. Mr. C. G. S. MACKIE, Hon. Mr. J. P. BRAGA, Hon. Mr. Ts'o SEEN-WAN, Ó.B.E., LL.D., Hon. Mr. J. J. PATERSON and Hon. Mr. W. H. BELL for the amendment.
On Council resuming, the Colonial Secretary reported that the Bill had passed through Committee without amendment and moved that it be read a third time.
The Colonial Treasurer seconded.
Question-put and agreed to.
Bill read a third time and passed.
8. The Colonial Treasurer moved the following resolution
Resolved that the duties on Tobacco set forth in the Resolution passed by this Council on the 26th February, 1931, and published in the Govern- ment Gazette of the 27th February, 1931, by Government Notification No. 122 be varied and subject to the provisions of sub-section (3) of section 6 of the Tobacco Ordinance, 1916, (Ordinance No. 10 of 1916), as amended by section 7 of the Tobacco Amendment Ordinance, 1929, (Ordinance No. 3 of 1929) the duty payable :-
1. upon all tobacco imported into the Colony after the coming into
operation of this resolution, and
2. upon all dutiable tobacco already in the Colony at the coming
into operation of this resolution
shall be as stated in the following table per pound weight: Provided that the dollars and decimals thereof stated in the table shall be con- ventional dollars reckoned as the equivalent of one shilling and eight pence sterling; and that consequently to arrive at the actual amount payable in Hong Kong currency the conventional dollar stated in the Table shall be multiplied by 20 and divided by a figure settled by the Colonial Treasurer from time to time representing the average opening selling rates for the previous month of the Hong Kong & Shanghai Banking Corporation for demand drafts on London and until so settled the figure shall be 12.25.
TABLE.
A.-On unmanufactured tobacco :-
(1) If unstripped :—
(a) containing 10 pounds or more of moisture
per 100 pounds weight thereof
...
.$0.70
(b) containing less than 10 pounds of moisture
per 100 pounds weight thereof
.$0.79
(2) If stripped :-
(a) containing 10 pounds or more of moisture
per 100 pounds weight thereof
...$0.84
(b) containing less than 10 pounds of moisture
per 100 pounds weight thereof
..$0.93
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