Hong Kong Regulations

INLAND REVENUE (QUALIFYING DEBT INSTRUMENTS) ORDER - SECT 1

Credit rating requirement not to apply

(Past version on 30/06/2000).
(Past version on 06/02/1998).
(Past version on 30/06/1997).

The provisions relating to credit rating mentioned in paragraph (b) of the
definition of “debt instrument” in section 14A(4) of the Ordinance do not
apply to debt instruments issued by the statutory corporations or corporations
wholly- or partly-owned by the Government set out in the Schedule. (Enacted
1996. L.N. 73 of 1998; 13 of 2000 s. 65; 34 of 2003 s. 5)