1950_STAMP_ORDINANCE — Page 33

HK Historical Laws 香港歷史法例 All AI Reviewed

Series Prev Next Source

CAP. 117]

[s. 41 cont.]

24 of 1950, Schedule.

Reassignments

and mortgages

made for new Crown lease or exchange.

Stamp

of His Majesty or with any such officer in his official capacity as aforesaid, shall be wholly exempt from duty: Provided that this exemption shall not extend to any document executed by any such officer as Official Administrator, or as Official Receiver, or as Official Receiver of Companies, or as a liquidator, or as Official Trustee, or in pursuance of any order or writ of any court;

(b) all instruments for the sale, transfer or other disposition, either absolutely or by way of mortgage or otherwise, of any vessel, or of any part interest, share or property of or in any vessel, shall be wholly exempt from duty;

(c) all instruments which relate to property situate out of the Colony, other than shares and marketable securities, shall be exempt from duty in respect of such property;

(d) all instruments which have been duly stamped under the stamp regulations enforced by the Japanese in Hong Kong between the 26th day of November, 1942 and the 1st day of September, 1945, shall be wholly exempt from duty.

[34]

42. (1) Whenever the Land Officer certifies that a reassignment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to obtain a Crown lease thereof, and that a new mortgage of the same property similar as far as possible to the previous mortgage was made immediately upon the granting of such Crown lease, then such reassignment and new mortgage shall be exempt from stamp duty, and the Collector shall, on production to him of such certificate and of such reassignment and new mortgage, indorse thereon a certificate to the effect that the same are under this section exempt from stamp duty.

(2) Whenever the Land Officer certifies that a reassignment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to surrender the said property to the Crown as consideration or part consideration for an exchange, and that a new mortgage of the property granted in exchange similar as far as possible to the previous

420

Edit History

2026-05-04 00:41:44 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct

Live

View comparison

AI Proofread

CAP. 117] [s. 41 cont.] 24 of 1950, Schedule. Reassignments and mortgages made for new Crown lease or exchange. Stamp of His Majesty or with any such officer in his official capacity as aforesaid, shall be wholly exempt from duty: Provided that this exemption shall not extend to any document executed by any such officer as Official Administrator, or as Official Receiver, or as Official Receiver of Companies, or as a liquidator, or as Official Trustee, or in pursuance of any order or writ of any court; (b) all instruments for the sale, transfer or other disposition, either absolutely or by way of mortgage or otherwise, of any vessel, or of any part interest, share or property of or in any vessel, shall be wholly exempt from duty; (c) all instruments which relate to property situate out of the Colony, other than shares and marketable securities, shall be exempt from duty in respect of such property; (d) all instruments which have been duly stamped under the stamp regulations enforced by the Japanese in Hong Kong between the 26th day of November, 1942 and the 1st day of September, 1945, shall be wholly exempt from duty. [34] 42. (1) Whenever the Land Officer certifies that a reassignment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to obtain a Crown lease thereof, and that a new mortgage of the same property similar as far as possible to the previous mortgage was made immediately upon the granting of such Crown lease, then such reassignment and new mortgage shall be exempt from stamp duty, and the Collector shall, on production to him of such certificate and of such reassignment and new mortgage, indorse thereon a certificate to the effect that the same are under this section exempt from stamp duty. (2) Whenever the Land Officer certifies that a reassignment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to surrender the said property to the Crown as consideration or part consideration for an exchange, and that a new mortgage of the property granted in exchange similar as far as possible to the previous 420

Baseline (Original)

CAP. 117] [s. 41 cont.] 24 of 1950, Schedule. Reassignments and mortgages made for new Crown lease or exchange. Stamp. of His Majesty or with any such officer in his official capacity as aforesaid, shall be wholly exempt from duty: Provided that this exemption shall not extend to any document executed by any such officer as Official Administrator, or as Official Receiver, Οι as Official Receiver of Companies, or as a liquidator, or as Official Trustee, or in pursuance of any order or writ of any court; (b) all instruments for the sale, transfer or other disposition, either absolutely or by way of mort- gage or otherwise, of any vessel, or of any part interest, share or property of or in any vessel, shall be wholly exempt from duty; (c) all instruments which relate to property situate out of the Colony, other than shares and marketable securities, shall be exempt from duty in respect of such property; (d) all instruments which have been duly stamped under the stamp regulations enforced by the Japanese in Hong Kong between the 26th day of November, 1942 and the 1st day of September, 1945, shall be wholly exempt from duty. [34] 42. (1) Whenever the Land Officer certifies that a reassignment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to obtain a Crown lease thereof, and that a new mortgage of the same property similar as far as possible to the previous mortgage was made immediately upon the granting of such Crown lease, then such reassignment and new mortgage shall be exempt from stamp duty, and the Collector shall, on production to him of such certificate and of such reassignment and new mort- gage, indorse thereon a certificate to the effect that the same are under this section exempt from stamp duty. (2) Whenever the Land Officer certifies that a reassign- ment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to surrender the said property to the Crown as consideration or part consideration for an exchange, and that a new mortgage of the property granted in exchange similar as far as possible to the previous 420

2026-05-04 00:41:44 · Baseline

View content

CAP. 117]

[s. 41 cont.]

24 of 1950, Schedule.

Reassignments

and mortgages

made for new Crown lease or exchange.

Stamp.

of His Majesty or with any such officer in his official capacity as aforesaid, shall be wholly exempt from duty: Provided that this exemption shall not extend to any document executed by any such officer as Official Administrator, or as Official Receiver, Οι as Official Receiver of Companies, or as a liquidator, or as Official Trustee, or in pursuance of any order or writ of any court;

(b) all instruments for the sale, transfer or other disposition, either absolutely or by way of mort- gage or otherwise, of any vessel, or of any part interest, share or property of or in any vessel, shall be wholly exempt from duty;

(c) all instruments which relate to property situate out of the Colony, other than shares and marketable securities, shall be exempt from duty in respect of such property;

[34]

42. (1) Whenever the Land Officer certifies that a reassignment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to obtain a Crown lease thereof, and that a new mortgage of the same property similar as far as possible to the previous mortgage was made immediately upon the granting of such Crown lease, then such reassignment and new mortgage shall be exempt from stamp duty, and the Collector shall, on production to him of such certificate and of such reassignment and new mort- gage, indorse thereon a certificate to the effect that the same are under this section exempt from stamp duty.

(2) Whenever the Land Officer certifies that a reassign- ment has been made for the sole purpose of enabling the mortgagor or his assigns as the owner of any immovable property held from the Crown to surrender the said property to the Crown as consideration or part consideration for an exchange, and that a new mortgage of the property granted in exchange similar as far as possible to the previous

1950_STAMP_ORDINANCE — Page 33

Edit History

Comments

Private Research Note