Stamp Duty Ordinance

Stamp Duty Ordinance
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Legislative Council of Hong Kong
CitationCap. 117
Enacted byLegislative Council of Hong Kong
Commenced29 May 1981
Legislative history
Bill published on27 February 1981
Introduced byFinancial Secretary Sir Charles Philip Haddon-Cave
First reading11 March 1981
Second reading27 May 1981
Third reading27 May 1981
Status: Current legislation
Stamp Duty Ordinance
Traditional Chinese印花稅條例

The Stamp Duty Ordinance is one of Hong Kong Ordinances which regulates the law of stamp duty.

Some notable sections of the ordinance[edit]

  • Section 2 - Interpretation: This section introduce the terms always appear in this ordinance. The examples are Hong Kong bearer instrument, Hong Kong stock, conveyance, contract note.
  • Section 4 - Charging of, liability for, and recovery of stamp duty
  • Section 8 - Duplicates and counterparts
  • Section 9 - Late stamping
  • Section 10 - How instruments to be written, charged and stamped
  • Section 13 - Adjudication of stamp duty by Collector
  • Section 14 - Appeal against assessment
  • Section 15 - Non-admissibility, etc. of instruments not duly stamped
  • Section 16 - Provisions relating to certain leases etc.
  • Section 18I - Power of Collector to inspect instrument or evidence
  • Section 19 - Contract notes, etc. in respect of sale and purchase of Hong Kong stock
  • Section 22 - Stamp duty chargeable where consideration in respect of immovable property consists of stock or security other than stock
  • Section 24 - Stamp duty chargeable where conveyance etc. is in consideration of debt etc.
  • Section 29H - Exemptions and relief
  • Section 31 - Duty of trustees and managers to keep records
  • Section 45 - Relief in case of conveyance from one associated body corporate to another: regulate relief between parent companies and subsidiaries.[1]
  • Section 53 - Liability for offences by bodies corporate
  • Section 54 - Inspection of books of account etc.
  • Section 56 - Offences relating to stamps
  • Schedule 1 - The Hong Kong stamp duty heading
    • Head 1: All transactions of sale or lease of interests in Hong Kong immovable property.
    • Head 2: The transfer of Hong Kong Stock.
    • Head 3: All Hong Kong bearer instruments.
    • Head 4: Any duplicates and counterparts of the above documents.

References[edit]

External links[edit]