### Stamp Duty Ordinance 《印花稅條例》

29AIA. Scales of rates applicable to instruments effecting exchange between residential property and non-residential property
(1) An instrument falls within this subsection if—
(a) the instrument effects the exchange of a residential property for a non-residential property; and
(b) consideration is paid or given for equality.
(2) Except as provided in section 29AO, an instrument that falls within subsection (1) is chargeable with stamp duty as a conveyance on sale by reference to the consideration mentioned in subsection (1)—
(a) if the consideration is paid or given by the person to whom the residential property is transferred, under Part 1 of Scale 1 of head 1(1) in the First Schedule; or
(b) if the consideration is paid or given by the person to whom the non-residential property is transferred, under Scale 2 of head 1(1) in the First Schedule. (Amended L.N. 231 of 2020 and 2 of 2021 s. 6)
(Added 2 of 2018 s. 6)

29AJ. Certain conveyances on sale of residential property to Hong Kong permanent residents chargeable with ad valorem stamp duty at Scale 2 rates
(1) A conveyance on sale is chargeable with stamp duty under Scale 2 of head 1(1) in the First Schedule if—
(a) the property concerned is a single residential property; and (Amended 18 of 2018 s. 4)
(b) it is shown to the satisfaction of the Collector that subsection (2) or (3) applies to the conveyance. 
(2) This subsection applies to the conveyance if, on the date of acquisition of the property—
(a) the transferee, or each of the transferees, under the conveyance is a Hong Kong permanent resident acting on his or her own behalf; and 
(b) that transferee, or each of those transferees, is not a beneficial owner of any other residential property in Hong Kong. 
(3) This subsection applies to the conveyance if, on the date of acquisition of the property—
(a) the transferees under the conveyance consist of—
(i) one, or more than one, person who is a Hong Kong permanent resident; and 
(ii) one, or more than one, person who is not a Hong Kong permanent resident; 
(b) those transferees are closely related; 
(c) each of them is acting on his or her own behalf; and 
(d) each of them is not a beneficial owner of any other residential property in Hong Kong.

### Stamp Duty Ordinance 《印花稅條例》

29AK. Certain conveyances on sale of residential property together with car parking space to Hong Kong permanent residents chargeable with ad valorem stamp duty at Scale 2 rates
(1) A conveyance on sale is chargeable with stamp duty under Scale 2 of head 1(1) in the First Schedule if—
(a) the properties concerned are a single residential property and a car parking space permitted for the parking of 1 motor vehicle; and (Amended 18 of 2018 s. 5)
(b) it is shown to the satisfaction of the Collector that subsection (2) applies to the conveyance. 
(2) This subsection applies to the conveyance if, on the date of acquisition of the properties—
(a) the transferee, or each of the transferees, under the conveyance is a Hong Kong permanent resident acting on his or her own behalf; and 
(b) that transferee, or each of those transferees, is neither a beneficial owner of any other residential property, nor a beneficial owner of any other car parking space, in Hong Kong. 
(3) For subsection (1)(a), a car parking space is permitted for the parking of 1 motor vehicle unless any of the following provides that the parking space may be used, at any time during the term of the Government lease in respect of the parking space or during the term of the Government lease that has been agreed for in respect of the parking space (as is appropriate), for the parking of more than 1 motor vehicle—
(a) a Government lease or an agreement for a Government lease; 
(b) a deed of mutual covenant, within the meaning of section 2 of the Building Management Ordinance (Cap. 344); 
(c) an occupation permit issued under section 21 of the Buildings Ordinance (Cap. 123); 
(d) any other instrument which the Collector is satisfied effectively restricts the permitted user of the parking space. 

### Stamp Duty Ordinance 《印花稅條例》

29AL. Certain conveyances on sale of residential property between closely related persons chargeable with ad valorem stamp duty at Scale 2 rates
(1) A conveyance on sale is chargeable with stamp duty under Scale 2 of head 1(1) in the First Schedule if—
(a) the property concerned is residential property; and 
(b) it is shown to the satisfaction of the Collector that subsection (2) applies to the conveyance. 
(2) This subsection applies to the conveyance if, on the date of acquisition of the property—
(a) the transferee, or each of the transferees, under the conveyance is closely related to the transferor, or to each of the transferors, under the conveyance; 
(b) where there is more than one transferee under the conveyance, the transferees are also closely related; and 
(c) that transferee, or each of those transferees, is acting on his or her own behalf. 
(3) For the purpose of subsection (2)(a), if a transferor is acting in the transaction as a trustee for another person, that other person is treated as the transferor in place of the trustee. 

### Stamp Duty Ordinance 《印花稅條例》

29AN. Other conveyances on sale chargeable with ad valorem stamp duty at Scale 2 rates
A conveyance on sale is chargeable with stamp duty under Scale 2 of head 1(1) in the First Schedule if it is shown to the satisfaction of the Collector that—
(a) the conveyance is made pursuant to a decree or order of any court; 
(b) the conveyance is a decree or order of any court by which the property concerned is transferred to or vested in the transferee; or 
(c) under the conveyance, a mortgaged property is transferred to, or vested in, its mortgagee that is a financial institution within the meaning of section 2 of the Inland Revenue Ordinance (Cap. 112), or a receiver appointed by the mortgagee. 

29AO. Certain instruments effecting exchange between residential property and non-residential property chargeable with ad valorem stamp duty at Scale 2 rates
(1) An instrument falls within this subsection if—
(a) the instrument effects the exchange of a residential property for a non-residential property; and 
(b) consideration is paid or given by the transferee for equality. 
(2) An instrument that falls within subsection (1) is chargeable with stamp duty as a conveyance on sale under Scale 2 of head 1(1) in the First Schedule by reference to the consideration mentioned in subsection (1) if it is shown to the satisfaction of the Collector that subsection (3) or (4) applies to the instrument. 
(3) This subsection applies to the instrument if, on the date of the instrument—
(a) the transferee, or each of the transferees, under the instrument is a Hong Kong permanent resident acting on his or her own behalf; and 
(b) that transferee, or each of those transferees, is not a beneficial owner of any other residential property in Hong Kong. 
(4) This subsection applies to the instrument if, on the date of the instrument—
(a) the transferee, or each of the transferees, under the instrument is closely related to the transferor, or to each of the transferors, under the instrument; 
(b) where there is more than one transferee under the instrument, the transferees are also closely related; and 
(c) that transferee, or each of those transferees, is acting on his or her own behalf. 
(5) For the purposes of this section, if a person transfers a residential property to another person under an instrument that falls within subsection (1)—
(a) the former is the transferor under the instrument; and 
(b) the latter is the transferee under the instrument.