1950_STAMPING_AND_DENOTING_OF_DOCUMENTS_REGULATIONS — Page 1

Stamp.

[CAP. 117

2. In these regulations the principal Ordinance means the Stamp Ordinance and any amendment thereof for the (Cap. 117.) time being in force and any regulations made thereunder.

3. The principal Ordinance shall apply to instruments affecting land in the New Territories, not being land in New Kowloon, with the modifications appearing in regulation 4.

4. Whenever under the principal Ordinance stamp duty or excess stamp duty is ascertainable by reference to the value of the consideration (whether on sale or otherwise) then-

(a) if such value does not exceed $2,000 no stamp duty

or excess stamp duty shall be chargeable; (b) if such value exceeds $2,000 but does not exceed $5,000 no excess stamp duty shall be chargeable but stamp duty shall be chargeable at the rate of I per cent of such value;

(c) if such value exceeds $5,000 but does not exceed $10,000 excess stamp duty shall not be chargeable but stamp duty shall be chargeable in like manner as if the instrument affected land situate elsewhere

than in the New Territories.

STAMPING AND DENOTING OF DOCUMENTS

REGULATIONS.

(Cap. 117, section 4).

(Ordinance No. 8 of 1921).

[9th June, 1950.]

G.N.A. 125/50.

1. These regulations may be cited as the Stamping Citation. and Denoting of Documents Regulations.

The denominations of adhesive revenue stamps are Denomina-

2.

as follows-

tions of

adhesive

revenue

stamps.

401