### Stamp Duty Ordinance 《印花稅條例》

29BH. Certain agreements for exchange between residential properties chargeable with ad valorem stamp duty at Scale 2 rates
(1) An agreement falls within this subsection if—
(a) the agreement provides for the exchange of a residential property for another residential property; and 
(b) consideration is paid or given, or agreed to be paid or given, for equality. 
(2) An agreement that falls within subsection (1) is chargeable with stamp duty as an agreement for sale under Scale 2 of head 1(1A) 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 agreement. 
(3) This subsection applies to the agreement if, on the date of the agreement—
(a) each party to the agreement is a Hong Kong permanent resident acting on his or her own behalf; and 
(b) each of them is not a beneficial owner of any other residential property in Hong Kong. 
(4) This subsection applies to the agreement if, on the date of the agreement—
(a) all parties to the agreement are closely related; and 
(b) each of them is acting on his or her own behalf. 
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29BI. Certain agreements for sale of residential property involving additional closely related persons chargeable with ad valorem stamp duty at Scale 2 rates
(1) Except as provided in Note 5 to head 1(1A) in the First Schedule, this section applies if—
(a) an agreement for sale (original agreement) is made in respect of residential property; 
(b) another agreement for sale (second agreement) is made in respect of the whole or part of the property (whether by the vendor or purchaser or both under the original agreement) before a conveyance on sale of the property or that part of the property is executed in pursuance of the original agreement; and 
(c) under the second agreement, the purchasers are—
(i) a purchaser under the original agreement (original purchaser); and 
(ii) another person who falls within subsection (2). 
(2) A person falls within this subsection if the person—
(a) is not an original purchaser; and 
(b) is, on the date of the second agreement, closely related to the original purchaser. 
(3) If the original agreement is duly stamped, or stamped under section 5(1), 13(2) or 18E(1) (whether before or after the second agreement is made), the second agreement is chargeable with stamp duty under Scale 2 of head 1(1A) in the First Schedule by reference to the consideration for the second agreement, less a fraction of the stamp duty representing the proportion of the property that is acquired by the original purchaser under the second agreement. 
(4) For the purposes of subsection (3), joint tenants are treated as having equal undivided shares in the property concerned. 
(5) If the original agreement is not duly stamped, or not stamped under section 5(1), 13(2) or 18E(1), the Collector may refuse to stamp the second agreement. 
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29BJ. Certain agreements for sale of residential property involving withdrawal of closely related persons chargeable with ad valorem stamp duty at Scale 2 rates
(1) Except as provided in Note 5 to head 1(1A) in the First Schedule, this section applies if—
(a) an agreement for sale (original agreement) is made in respect of residential property; 
(b) another agreement for sale (second agreement) is made in respect of the whole or part of the property (whether by the vendor or purchaser or both under the original agreement) before a conveyance on sale of the property or that part of the property is executed in pursuance of the original agreement; 
(c) one or some (but not all) of the purchasers under the original agreement (original purchasers) is or are the purchaser or purchasers under the second agreement (remaining purchaser or purchasers); and 
(d) on the date of the second agreement, the remaining purchaser, or each of the remaining purchasers, is closely related to the withdrawn purchaser, or to each of the withdrawn purchasers. 
(2) If the original agreement is duly stamped, or stamped under section 5(1), 13(2) or 18E(1) (whether before or after the second agreement is made), the second agreement is chargeable with stamp duty under Scale 2 of head 1(1A) in the First Schedule by reference to the consideration for the second agreement, less a fraction of the stamp duty representing the proportion of the property that was acquired by the remaining purchaser or purchasers under the original agreement. 
(3) For the purposes of subsection (2), an agreement that provides for a conveyance to purchasers as joint tenants is treated as an agreement to convey the property to those purchasers in equal undivided shares. 
(4) If the original agreement is not duly stamped, or not stamped under section 5(1), 13(2) or 18E(1), the Collector may refuse to stamp the second agreement. 
(5) In this section, a withdrawn purchaser is a person who—
(a) is one of the original purchasers; but 
(b) is not a remaining purchaser. 
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29BK. Certain agreements for sale of residential property related to Public Rental Housing Flats under Tenants Purchase Scheme to tenants or authorized occupants chargeable with ad valorem stamp duty at Scale 2 rates
(1) An agreement for sale is chargeable with stamp duty under Scale 2 of head 1(1A) in the First Schedule if—
(a) the property concerned is residential property; 
(b) the acquisition of the property is made under the Tenants Purchase Scheme of the Housing Authority; and 
(c) it is shown to the satisfaction of the Collector that subsection (2) applies to the agreement. 
(2) This subsection applies to the agreement if, on the date of acquisition of the property—
(a) the purchaser, or each of the purchasers, under the agreement is a tenant or an authorized occupant of the Housing Authority in respect of the property acting on his or her own behalf; and 
(b) that purchaser, or each of those purchasers, is not a beneficial owner of any other residential property in Hong Kong.
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29DD. Refund of buyer’s stamp duty in case of redevelopment
(1) Despite anything in this Ordinance and subject to subsection (2), the Collector may, on an application made by a person (applicant