The following Ordinances enacted during the year were concerned with matters administered by the Department.
Revenue Ordinance 2000 (22 of 2000)
This Ordinance gave effect to the proposal in the 2000-01 Budget to reduce stamp duty chargeable in respect of a transaction in Hong Kong stock from 0.25% to 0.225% (i.e.
0.1125% on each side of a sale or a purchase), as from 7 April 2000.
Stamp Duty (Amendment) (No. 2) Ordinance 2000 (70 of 2000)
This Ordinance exempted from stamp duty a transfer of units when the units were issued or redeemed if a constituent fund of a mandatory provident fund scheme was a party to the transfer.
Specification of Arrangements (Double Taxation) Orders under section 49 of the Inland Revenue Ordinance
2000 01
2000 2000 22
2000 01
2000 4 7
0.25% 0.225%
0.1125%
2
2000 70
49
L egislative Amendments
9
LEGISLA TIVE AMENDMENTS
54
Country Date of Order Nature
09.05.2000
Mainland of China Air Services
31.10.2000
Denmark Scheduled Air Services
31.10.2000
Norway Scheduled Air Services
31.10.2000
Sweden Scheduled Air Services
16.01.2001
Bangladesh Air Services
20.02.2001
United Kingdom Revenues Arising from the Business of Shipping Transport 20.02.2001
Netherlands Income, Profits, Gains or Capital of an Enterprise Operating Ships in International Traffic
Legal Notices to fix the rate of interest payable on Tax Reserve Certificates
55
9
LEGISLA TIVE AMENDMENTS
Legal Notice No. Periods in force Annual rate of interest
2000 73 2000 4 3 2000 5 1 4.8125%
73 of 2000 3 April 2000 to 1 May 2000
2000 118 2000 5 2 2000 6 4 5.0625%
118 of 2000 2 May 2000 to 4 June 2000
2000 203 2000 6 5 2000 7 2 5.5208%
203 of 2000 5 June 2000 to 2 July 2000
2000 232 2000 7 3 2000 8 6 5.4533%
232 of 2000 3 July 2000 to 6 August 2000
2000 246 2000 8 7 2000 9 3 5.1042%
246 of 2000 7 August 2000 to 3 September 2000
2000 258 2000 9 4 2000 10 2 4.9875%
258 of 2000 4 September 2000 to 2 October 2000
2000 268 2000 10 3 2000 11 5 5.0708%
268 of 2000 3 October 2000 to 5 November 2000
2000 292 2000 11 6 2000 12 3 4.9042%
292 of 2000z 6 November 2000 to 3 December 2000
2000 347 2000 12 4 2001 1 7 4.8625%
347 of 2000 4 December 2000 to 7 January 2001
2001 10 2001 1 8 2001 2 4 4.8208%
10 of 2001 8 January 2001 to 4 February 2001
2001 34 2001 2 5 2001 3 4 4.2708%
34 of 2001 5 February 2001 to 4 March 2001
2001 57 2001 3 5 2001 4 1 3.8333%
57 of 2001 5 March 2001 to 1 April 2001
