### Stamp Duty Ordinance 《印花稅條例》

29BB. Certain agreements for sale of residential property to Hong Kong permanent residents 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 a single residential property; and (Amended 18 of 2018 s. 6)
(b) it is shown to the satisfaction of the Collector that subsection (2) or (3) 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 Hong Kong permanent resident 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. 
(3) This subsection applies to the agreement if, on the date of acquisition of the property—
(a) the purchasers under the agreement 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 purchasers 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. 
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29BC. Certain agreements for 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) An agreement for sale is chargeable with stamp duty under Scale 2 of head 1(1A) 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. 7)
(b) 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 properties—
(a) the purchaser, or each of the purchasers, under the agreement is a Hong Kong permanent resident acting on his or her own behalf; and 
(b) that purchaser, or each of those purchasers, 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. 
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29BD. Certain agreements for sale of residential property between closely related persons 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; and 
(b) it is shown to the satisfaction of the Collector that subsection (2) or (4) 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 closely related to the vendor, or to each of the vendors, under the agreement; 
(b) where there is more than one purchaser under the agreement, the purchasers are also closely related; and 
(c) that purchaser, or each of those purchasers, is acting on his or her own behalf. 
(3) For the purpose of subsection (2)(a), if a vendor is acting in the transaction as a trustee for another person, that other person is treated as the vendor in place of the trustee. 
(4) This subsection applies to the agreement if—
(a) the agreement is an instrument in which a purchaser under another agreement for sale of the property concerned (original agreement) makes a nomination, or gives a direction; 
(b) that nomination or direction authorizes another person to execute a conveyance of that property in favour of one, or more than one, third party (whether or not also in favour of the purchaser); and 
(c) on the date of that nomination or direction—
(i) the third party, or each of those parties, is closely related to the purchaser, or to each of the purchasers; 
(ii) where there is more than one purchaser under the original agreement, the purchasers are also closely related; and 
(iii) the third party, or each of those parties, is acting on his or her own behalf. 
(Added 14 of 2014 s. 14)

### Stamp Duty Ordinance 《印花稅條例》

29BF. Agreements for sale made pursuant to court orders chargeable with ad valorem stamp duty at Scale 2 rates
An agreement for sale is chargeable with stamp duty under Scale 2 of head 1(1A) in the First Schedule if it is shown to the satisfaction of the Collector that the agreement is made pursuant to a decree or order of any court. 
(Added 14 of 2014 s. 14)

29BG. Certain agreements for exchange between residential property and non-residential property 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 a non-residential property; and 
(b) consideration is paid or given, or agreed to be paid or given, by the purchaser under the agreement 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) the purchaser, or each of the purchasers, under the agreement is a Hong Kong permanent resident 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. 
(4) This subsection applies to the agreement if, on the date of the agreement—
(a) the purchaser, or each of the purchasers, under the agreement is closely related to the vendor, or to each of the vendors, under the agreement; 
(b) where there is more than one purchaser under the agreement, the purchasers are also closely related; and 
(c) that purchaser, or each of those purchasers, is acting on his or her own behalf. 
(5) For the purposes of this section, if an agreement that falls within subsection (1) provides that a person is to transfer a residential property to another person—
(a) the former is the vendor under the agreement; and 
(b) the latter is the purchaser under the agreement. 
(Added 14 of 2014 s. 14)