Item | Notice | Modification
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(b) by repealing “by the Commissioner” and substituting “by the Corporation”; (c) by repealing “section 24A(5)” and substituting “section 31(5)”. |
Consequential amendments
Capital Investment Fund
1. Paragraph amended
Paragraph 3 of the Capital Investment Fund (Cap. 2 sub. leg.) is amended—
- (a) by repealing subparagraph (a) and substituting—
- “(a) the shares in the MTR Corporation Limited issued to the Financial Secretary Incorporated and held by the Financial Secretary Incorporated on behalf of the Government;”;
- (b) in subparagraph (f), by repealing “Mass Transit Railway Corporation Ordinance (Cap. 270)” and substituting “Mass Transit Railway Ordinance (13 of 2000)”.
Factories and Industrial Undertakings (Electricity) Regulations
2. Application
Regulation 3(2)(e) of the Factories and Industrial Undertakings (Electricity) Regulations (Cap. 59 sub. leg.) is amended by repealing “Mass Transit Railway Corporation Ordinance (Cap. 270)” and substituting “Mass Transit Railway Ordinance (13 of 2000)”.
Inland Revenue (Qualifying Debt Instruments) Order
3. Sections amended
Sections 1 and 2 of the Inland Revenue (Qualifying Debi Instruments) Order (Cap. 112 sub. leg.) are amended by repealing “wholly-owned” and substituting “wholly- or partly-owned”.
4. Schedule amended
The Schedule is amended, in item 1, by repealing “Mass Transit Railway Corporation” and substituting “MTR Corporation Limited, for as long as the Government beneficially owns more than half in nominal value of the issued share capital of the company for the time being”.