Hong Kong Regulations

TAX RESERVE CERTIFICATES (FOURTH SERIES) RULES - RULE 11A

Removal of entry from account

The Commissioner shall remove from an account an entry in the account which
has been accepted for payment of tax or for repayment of the principal value
to the holder or is transferred or otherwise used in accordance with the
written authorization of the holder, his duly authorized agent or his personal
representative, in the manner the Commissioner sees fit on its acceptance or
the completion of its transfer or use. (L.N. 556 of 1995)