Hong Kong Regulations

TAX RESERVE CERTIFICATES (FOURTH SERIES) RULES - RULE 11

Power to refuse to accept or to repay on certificates until Commissioner satisfied as to holder's signature

(Past version on 30/06/1997).

Except where the Commissioner or any officer authorized by him for the purpose
uses an entry in an account in accordance with rule 2B(2)(a), or where the
Commissioner recovers tax under rule 10(2), the Commissioner may refuse to
accept any authorization given by the holder of an account to use an entry in
his account or any certificate tendered in payment of tax or he may refuse
repayment to the holder of the principal value thereof until he is satisfied
that the signature on such authorization or on the reverse of such
certificate, as the case may be, is that of the holder, his duly authorized
agent or his personal representative or, where the holder is a partnership,
body of persons or corporation, that of a partner or official authorized to
sign on behalf of the holder. (L.N. 556 of 1995; L.N. 447 of 1996; L.N. 186 of
1999)