Stamp Duty Collection. Clients shall pay to the Hong Kong Exchange in the manner and in accordance with the Operation Procedures for Stamp Duty Collection (“Operation Procedures”) as prescribed by the Hong Kong Exchange from time to time the stamp duty chargeable under the Stamp Duty Ordinance on each and every contract note issued in respect of all transactions recognized by the Exchange. CIF may withholding and/or making payment of tax or duties payable in respect of cash, Securities or futures contracts in the Securities or Futures Account.
Appears in 5 contracts
Samples: Securities and Futures Client Agreement, Securities and Futures Client Agreement, Securities and Futures Client Agreement
