Hong Kong Ordinances

BUSINESS REGISTRATION ORDINANCE - SECT 16

Exemptions

(Past version on 01/04/1999).
(Past version on 30/06/1997).

The provisions of this Ordinance shall not apply to-

   (a)  any charitable, ecclesiastical, or educational institution of a public
        character where-

        (i)    any profits derived from any trade or business of such
               institution are applied solely for its charitable,
               ecclesiastical or educational purposes and not expended
               substantially outside Hong Kong; and (Amended 56 of 1984 s. 14)

        (ii)   either such trade or business is exercised in the course of the
               actual carrying out of the expressed object of such
               institution, or the work in connection with such trade or
               business is mainly carried out by persons for whose benefit
               such institution is established;

   (b)  (Repealed L.N. 88 of 1975; 32 of 1975 s. 4)

   (c)  the business of-

        (i)    agriculture including market gardening;

        (ii)   breeding or rearing livestock including dairy farming, poultry
               including the production of eggs, bees including the production
               of honey, or fish including crustaceans and oysters;

        (iii)  fishing: Provided that this paragraph shall not apply to any
               company which is incorporated in Hong Kong under the
               Companies Ordinance ( Cap 32) or to which Part XI of the
               Companies Ordinance ( Cap 32) applies. (Added L.N. 95 of 1976;
               27 of 1976 s. 4)

   (d)  such other businesses as the Secretary for Financial Services and the
        Treasury may from time to time exempt by regulation made under
        section 14. (Amended 3 of 1999 s. 11; L.N. 106 of 2002)