A BILL

TO

Amend the Air Passenger Departure Tax Ordinance.

Enacted by the Provisional Legislative Council.

1. Short title and commencement

(1) This Ordinance may be cited as the Air Passenger Departure Tax (Amendment) Ordinance 1998.

(2) This Ordinance shall come into operation on a day to be appointed by the Secretary for the Treasury by notice in the Gazette.

2. Air passenger departure tax

The First Schedule to the Air Passenger Departure Tax Ordinance (Cap. 140) is amended in item 1 by repealing "$100" and substituting "$50".

Explanatory Memorandum

The main purpose of this Bill is to amend the Air Passenger Departure Tax Ordinance (Cap. 140) to give effect to the proposal in the 1998-99 Budget to reduce the air passenger departure tax imposed under the Ordinance from $100 to $50. It is scheduled that the amendment shall have effect when the new Chek Lap Kok Airport commences operation.