Hong Kong Ordinances

STAMP DUTY ORDINANCE - SECT 29

Certificate with respect to certain conveyances on sale

(1) References in head 1(1) in the First Schedule to a conveyance  on sale
being certified at a particular amount mean that such conveyance  on sale
contains a statement certifying that the transaction effected by the
instrument does not form part of a larger transaction or series of
transactions in respect of which the amount or value, or aggregate amount or
value, of the consideration exceeds that amount.

(2) In subsection (1) a reference to the amount or value of the consideration
shall be construed-

   (a)  in relation to stamp duty chargeable on a conveyance operating as a
        voluntary disposition inter vivos, as a reference to the value of the
        property conveyed;

   (b)  in relation to stamp duty chargeable on a lease or agreement for a
        lease, as a reference to the amount or value of the consideration in
        money, stock or security, other than rent.