Hong Kong – Gazettal of Pesticides Ordinance (Amendment of Schedule 1) Notice 2023

Gazettal of Pesticides Ordinance (Amendment of Schedule 1) Notice 2023

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     The Pesticides Ordinance (Amendment of Schedule 1) Notice 2023 was published in the Gazette today (June 9). The Notice aims to amend Schedule 1 to the Pesticides Ordinance (Cap. 133), listing a type of pesticides called pentachlorophenol and its salts and esters (PCP), in order to give effect to the 2015 amendment to the Stockholm Convention on Persistent Organic Pollutants. The amendment will tighten the regulatory regime regarding PCP, thereby safeguarding public health and protecting the environment. The Government will table the Notice at the Legislative Council on June 14, 2023. 

     A spokesman for the Environment and Ecology Bureau said, “PCP is a persistent organic pollutant that is usually used as pesticides, and is already regulated by Pesticide Permit conditions under the Pesticides Ordinance. Any person who imports, manufactures, sells, supplies, is in possession of or uses such pesticides must hold a valid permit. After PCP is listed in Schedule 1 to the Pesticides Ordinance, its exports will be further restricted.”

    The Stockholm Convention is an international treaty for safeguarding human health and protecting the environment, through controlling or restricting the trade, production and use of persistent organic pollutants, to reduce and ultimately eliminate the production and release of such pollutants. The treaty has been effective in China since 2004 and is applicable to the Hong Kong Special Administrative Region. The amendment in relation to PCP entered into force in China on June 6, 2023.

     The above amendment will enter into force in Hong Kong on October 20, 2023. Any person who exports, imports, manufactures, sells, supplies, possesses or uses PCP without holding a Pesticide Permit commits an offence. Offender would be liable to a fine at level 5 ($50,000) and an imprisonment for one year on conviction.

Hong Kong – Gazettal of Betting Duty (Amendment) Bill 2023

Gazettal of Betting Duty (Amendment) Bill 2023

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     The Betting Duty (Amendment) Bill 2023 will be gazetted on May 25. The Bill seeks to implement the proposal in the 2023-24 Budget for imposing an annual special football betting duty (SFBD) of $2.4 billion on the football betting conductor for five years.
 
     To increase government revenue in the short term while minimising the scope of impact brought by any upward adjustment of taxes as far as possible, the Financial Secretary proposed in the 2023-24 Budget levying an annual SFBD of $2.4 billion on the football betting conductor under the Betting Duty Ordinance (Cap. 108) for five years from 2023-24 to 2027-28, while maintaining the current betting duty rates. The proposed SFBD would bring about a total receipt of $12 billion over five years. The parent entity of the incumbent football betting conductor, namely the Hong Kong Jockey Club, has undertaken that the proposal would not reduce its commitment to local charities.

     The Bill will be introduced into the Legislative Council on May 31.

Hong Kong – Gazettal of Revenue (Tax Concessions) Bill 2021

 

The Revenue (Tax Concessions) Bill 2021 will be gazetted on March 5. The Bill seeks to implement tax concessions proposed in the 2021-22 Budget.
 
     The Budget has proposed one-off reductions of salaries tax, tax under personal assessment and profits tax for the year of assessment 2020/21 by 100 per cent, subject to a ceiling of $10,000 per case. The reductions will be reflected in taxpayers’ final tax payable for the year of assessment 2020/21. The proposals will benefit 1.87 million taxpayers of salaries tax and tax under personal assessment as well as 128 000 tax-paying businesses. The total government revenue forgone in 2021-22 will amount to $12.45 billion.
 
     The Bill will be introduced into the Legislative Council on March 17.