1950_INLAND_REVENUE_ORDINANCE — Page 4

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CAP. 112]

Inland Revenue.

CHAPTER 112.

INLAND REVENUE.

20 of 1947. To impose a tax on earnings and profits.

3 of 1949.

9 of 1950,

10 of 1950.

30 of 1950.

37 of 1950.

[3rd May, 1947.]

Short title.

Interpretation.

PART I.

Introductory.

1. This Ordinance may be cited as the Inland Revenue Ordinance.

2. In this Ordinance-

"active partner", in relation to a partnership, means a partner who takes an active part in the control, management, or conduct of the trade or business of such partnership; "agent", in relation to a non-resident person or to a partner- ship in which any partner is a non-resident person, includes-

(a) the agent, attorney, factor, receiver, or manager in the Colony of such person or partnership, and (b) any person in the Colony through whom such person or partnership is in receipt of any profits or income arising in or derived from the Colony; 'assessor" means an assessor appointed under this Ordin-

ance;

"assistant commissioner" means an assistant commissioner

of Inland Revenue appointed under this Ordinance ; "authorized representative" means an individual authorized in writing by any person to act on his behalf for the purposes of this Ordinance who is-

(a) in any case—

(i) an accountant approved by the Commissioner, (ii) a solicitor, or counsel instructed by a solicitor, (iii) an employee regularly employed by the person concerned, or

(iv) any other person approved by the Commis- sioner;

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