1964_INLAND_REVENUE_ORDINANCE — Page 19

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CAP. 112]

Inland Revenue

[1989 Ed.

(i) in the case of joint ownership, between the joint owners equally; and

(ii) in the case of ownership in common, between the owners in common each in proportion to his share in such ownership, and in respect of any such owner who throughout the whole of any year of assessment solely occupied such building or part exclusively for residential purposes, his portion of the property tax for that year of assessment shall not be charged in respect of such building or part, and in respect of any such owner who, during but not throughout the whole of, any year of assessment, solely occupied such building or part exclusively for residential purposes, his portion of the property tax for that year of assessment shall be reduced in the proportion in which the number of days during which such building or part was solely occupied by him exclusively for residential purposes during that year bears to the number of days in that year, and the total property tax in respect of such building or part shall be computed accordingly, and any excess tax paid shall be refunded; (Added 35 of 1965 s. 3)

(d) in the case of any land or building or land and building or part thereof owned by-

(i) a person who carries on a club or similar institution on or in such land or building or land and building or such part, being a person who is, by virtue of section 24(1), deemed not to carry on a business;

(ii) a person who carries on a trade, professional or business association on or in such land or building or land and building or part in such circumstances that he is not deemed by section 24(2) to carry on a business;

(iii) a clan, family or t'ong, which land or building or land and building or part is certified by the Secretary for Home Affairs to be the ancestral property of the clan or family or the property of the t'ong. (Amended L.N. 17 of 1982; L.N. 18 of 1983)

and occupied by such person, clan, family and t'ong solely for the purposes of a club or similar institution or a trade, professional or business association or for the purposes of the clan, family or t'ong, as the case may be, throughout the whole of any year of assessment, property tax shall not be charged in respect thereof for that year of assessment, and any tax paid shall be refunded:

Provided that where, during a year of assessment, such person, clan, family or t'ong received any rent or other similar consideration, other than from a member of the club or similar

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