### Tax Reserve Certificates (Fourth Series) Rules 《儲稅券(第4系)規則》

8. Duty to refund balance after payment of tax
(1) The Commissioner shall calculate interest under rule 7 on the amount of the tax payable where—
(a) a taxpayer authorizes the Commissioner to use an entry in his account;
(b) a taxpayer tenders a certificate; (L.N. 186 of 1999)
(c) the Commissioner uses an entry in an account or a certificate in accordance with rule 10(2); or (L.N. 186 of 1999)
(d) the Commissioner or any officer authorized by him for the purpose uses an entry in an account in accordance with rule 2B(2)(a), (L.N. 186 of 1999)
in payment of tax and the entry or the certificate is of greater value than the tax payable. (L.N. 447 of 1996)
(2) For an entry used under paragraph (1), the Commissioner shall make entries in the account—
(a) one for the interest, bearing the date of the use of the entry under paragraph (1); and
(b) one for the balance remaining after payment of the tax, bearing the same date as the entry used under paragraph (1).
(3) For a certificate tendered or used under paragraph (1), the Commissioner shall— (L.N. 447 of 1996)
(a) issue a new certificate for the part of the balance which is capable of division into multiples of $50 and the new certificate shall be in the same form and bear the same date as the certificate tendered or used, as the case may be; and (L.N. 447 of 1996; 24 of 1999 s. 7)
(b) refund to the taxpayer in cash the remaining portion of the balance, if any.
(L.N. 556 of 1995)

9. Duty to repay principal value of certificate
The Commissioner shall repay the holder on demand the principal value of any certificate but shall not pay any interest thereon.

### Tax Reserve Certificates (Fourth Series) Rules 《儲稅券(第4系)規則》

10. Prohibition against transfer of certificate or obligations created
(1) Subject to this rule, certificates or the obligations created thereby may not be transferred except as may be ordered by a court of competent jurisdiction. (L.N. 447 of 1996)
(2) Where a certificate has been issued or an entry in an account exists and the taxpayer who holds the certificate or account is in default in paying tax which may be paid by a certificate, the Commissioner may use the entry, or the certificate without the taxpayer having to tender the certificate or to endorse the reverse of the certificate, to pay the tax. (L.N. 447 of 1996)
(3) If the Commissioner uses a certificate under paragraph (2) to pay the tax, he shall cancel that certificate. (L.N. 447 of 1996)
(4) The Commissioner shall forward notice of any action taken under this rule to the taxpayer at his last known address. (L.N. 447 of 1996)

11. Power to refuse to accept or to repay on certificates until Commissioner satisfied as to holder’s signature
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)

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)

12. Power to issue duplicates
The Commissioner may, on being satisfied upon such evidence as he may require, issue upon such conditions as he may impose a duplicate of any certificate which has been lost, mislaid, destroyed or mutilated.

### Tax Reserve Certificates Ordinance 《儲稅券條例》

1. Short title
This Ordinance may be cited as the Tax Reserve Certificates Ordinance.

2. Interpretation
In this Ordinance, unless the context otherwise requires—
account (帳戶) means an account maintained under section 3(1AA); (Added 99 of 1995 s. 2. Amended 24 of 1999 s. 2)
applicant (申請人) means a person who applies to the Commissioner for the purchase of a certificate; (Added 99 of 1995 s. 2)
certificates (儲稅券) means tax reserve certificates issued by the Commissioner under the provisions of section 3;
Commissioner (局長) means the Commissioner of Inland Revenue.

3. Power of Commissioner to issue tax reserve certificates and maintain accounts
(1) The Commissioner is hereby empowered to issue tax reserve certificates of such denominations and subject to such conditions as the Chief Executive may prescribe by rules. (Amended 12 of 1999 s. 3)
(1A) If a person applies for the purchase of a certificate other than pursuant to the proviso to section 71(2) of the Inland Revenue Ordinance (Cap. 112), the person (applicant

4. Method of accounting for moneys received for purchase of tax reserve certificates, and manner of redemption of certificates and payment of interest
(1) All moneys received for the purchase of certificates issued under this Ordinance shall be paid by the Commissioner into an account in the Treasury to be called “Deposits—Tax Reserve Certificates” or “儲稅券存款”, and the principal moneys required for the redemption of the certificates shall be paid by the Commissioner out of such account. (Amended 80 of 1997 s. 118)
(2) Any interest which may become due and payable in respect of any certificate shall be charged upon and paid out of the general revenue and assets of Hong Kong. (Amended 12 of 1999 s. 3)

### Judicial Proceedings (Regulation of Reports) Ordinance 《司法程序(報導限制)條例》

1. Short title
This Ordinance may be cited as the Judicial Proceedings (Regulation of Reports) Ordinance.

2. Interpretation
In this Ordinance, unless the context otherwise requires—
court (法庭) means any court, tribunal or person having by law power to hear, receive and examine evidence on oath;
court sitting in private (非公開法庭) means any court sitting in camera or in chambers; [cf. 1960 c. 65 s. 12(3) U.K.]
judicial proceedings (司法程序) and proceedings (法律程序) mean proceedings before any court.
(Added 14 of 1973 s. 2)