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Hong Kong Stamp Duty Ordinance Cap.117
The Stamp Duty Ordinance is one of Hong Kong Ordinances which regulates the law of stamp duty. Some notable sections of the ordinance * 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 chargea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legislative Council Of Hong Kong
The Legislative Council of the Hong Kong Special Administrative Region (LegCo) is the unicameral legislature of Hong Kong. It sits under China's " one country, two systems" constitutional arrangement, and is the power centre of Hong Kong's hybrid representative democracy. The functions of the Legislative Council are to enact, amend or repeal laws; examine and approve budgets, taxation and public expenditure; and raise questions on the work of the government. In addition, the Legislative Council also has the power to endorse the appointment and removal of the judges of the Court of Final Appeal and the Chief Judge of the High Court, as well as the power to impeach the Chief Executive of Hong Kong. Following the 2019–2020 Hong Kong protests, the National People's Congress disqualified several opposition councilors and initiated electoral overhaul in 2021. The current Legislative Council consists of three groups of constituencies—geographical constituencies (GCs), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Secretary Of Hong Kong
The Financial Secretary () is the title held by the Hong Kong government minister who is responsible for all economic and financial matters (“Department of Finance” per Article 60 of the Basic Law). The position is among the three most senior Principal Officials of the Government, second only to the Chief Secretary in the order of precedence (but not subordinate to the CS). Together with other secretaries, the Financial Secretary is accountable to the Legislative Council and the Chief Executive (the Governor before the 1997 transfer of sovereignty) for his actions in supervising the formulation and implementation of financial and economic policies. The position evolved out of the office of the Colonial Treasurer before 1940. The Financial Secretary is a member of the Executive Council, and gives advice to the Chief Executive in that capacity. He is also responsible for delivering the annual budget to the Legislative Council. To date, it is the only office among the thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Philip Haddon-Cave
Charles is a masculine given name predominantly found in English and French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was "free man". The Old English descendant of this word was '' Ċearl'' or ''Ċeorl'', as the name of King Cearl of Mercia, that disappeared after the Norman conquest of England. The name was notably borne by Charlemagne (Charles the Great), and was at the time Latinized as ''Karolus'' (as in ''Vita Karoli Magni''), later also as '' Carolus''. Some Germanic languages, for example Dutch and German, have retained the word in two separate senses. In the particular case of Dutch, ''Karel'' refers to the given name, whereas the noun ''kerel'' means "a bloke, fellow, man". Etymology The name's etymology is a Common Germanic noun ''*karilaz'' meaning "free man", which survives in English as churl (< Old English ''ċeorl''), which developed its depre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stamp Duty
Stamp duty is a tax that is levied on single property purchases or documents (including, historically, the majority of legal documents such as cheques, receipts, military commissions, marriage licences and land transactions). A physical revenue stamp had to be attached to or impressed upon the document to show that stamp duty had been paid before the document was legally effective. More modern versions of the tax no longer require an actual stamp. The duty is thought to have originated in Venice in 1604, being introduced (or re-invented) in Spain in the 1610s, the Spanish Netherlands in the 1620s, France in 1651, Denmark in 1657, Prussia in 1682 and England in 1694. Usage by country Australia The Australian Federal Government does not levy stamp duty. However, stamp duties are levied by the Australian states on various instruments (written documents) and transactions. Stamp duty laws can differ significantly between all eight jurisdictions. The rates of stamp duty also diffe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Bearer Instrument
Hong may refer to: Places *Høng, a town in Denmark *Hong Kong, a city and a special administrative region in China *Hong, Nigeria *Hong River in China and Vietnam *Lake Hong in China Surnames *Hong (Chinese name) *Hong (Korean name) Organizations *Hong (business), general term for a 19th–20th century trading company based in Hong Kong, Macau or Canton *Hongmen (洪門), a Chinese fraternal organization Creatures *Hamsa (bird), a mythical bird also known was hong *Hong (rainbow-dragon) ''Hong'' or ''jiang'' () is a two-headed dragon in Chinese mythology, comparable with rainbow serpent legends in various cultures and mythologies. Chinese "rainbow" names Chinese has three "rainbow" words, regular ''hong'' , literary ''didong'' , ..., a two-headed dragon in Chinese mythology * ''Hong'' (genus), a genus of ladybird {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Stock
Hong may refer to: Places *Høng, a town in Denmark *Hong Kong, a city and a special administrative region in China *Hong, Nigeria *Hong River in China and Vietnam *Lake Hong in China Surnames *Hong (Chinese name) *Hong (Korean name) Organizations *Hong (business), general term for a 19th–20th century trading company based in Hong Kong, Macau or Canton *Hongmen (洪門), a Chinese fraternal organization Creatures *Hamsa (bird), a mythical bird also known was hong *Hong (rainbow-dragon) ''Hong'' or ''jiang'' () is a two-headed dragon in Chinese mythology, comparable with rainbow serpent legends in various cultures and mythologies. Chinese "rainbow" names Chinese has three "rainbow" words, regular ''hong'' , literary ''didong'' , ..., a two-headed dragon in Chinese mythology * ''Hong'' (genus), a genus of ladybird {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conveyancing
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title). The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. It is a legal requirement in all jurisdictions that contracts for the sale of land be in writing. An exchange of contracts involves two copies of a contract of sale being signed, one copy of which is retained by each party. When the parties are together, both would usually sign both copies, one copy of which being retained by each party, sometimes with a formal handing over of a copy from one party to the other. However, it is usually sufficient that only the copy retained by each part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contract Note
A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or rescission. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Contract law, like other areas of private law, varies between jurisdictions. The various systems of contract law can broadly be split between common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions which combine elements of both common and civil law. Common law jurisdictions typically require contracts to include consideration in order to be valid, whereas civil and most mixed law jurisdictions solely require a meeting of the minds be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
