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[接上页] Cap 571Z s 8 Application of Part 3 PART 3 LEVY PAYABLE IN RESPECT OF SALE AND PURCHASE OF FUTURES CONTRACTS DESCRIBED IN SECTION 394(1)(b) OF ORDINANCE This Part does not apply in relation to a sale and purchase of a futures contract unless it is traded on a recognized futures market. Cap 571Z s 9 Futures contracts Subject to sections 10, 11, 12 and 13, for the purposes of section 394(1)(b) of the Ordinance, the levy payable for a sale and purchase of a futures contract- (a) is payable by the seller and purchaser; and (b) is- (i) in the case of the seller, $1.00; or (ii) in the case of the purchaser, $1.00. Cap 571Z s 10 Mini-Hang Seng Index Futures Contracts and Mini-Hang Seng Index Options Contracts For the purposes of section 394(1)(b) of the Ordinance, the levy payable for a sale and purchase of a Mini-Hang Seng Index Futures Contract or a Mini-Hang Seng Index Options Contract- (a) is payable by the seller and purchaser; and (b) is- (i) in the case of the seller, $0.20; or (ii) in the case of the purchaser, $0.20. Cap 571Z s 11 Currency futures contracts For the purposes of section 394(1)(b) of the Ordinance, the levy payable for a sale and purchase of a currency futures contract- (a) is payable by the seller and purchaser; and (b) is- (i) in the case of the seller, nil; or (ii) in the case of the purchaser, nil. Cap 571Z s 12 New futures contracts For the purposes of section 394(1)(b) of the Ordinance, the levy payable for a sale and purchase of a new futures contract during the relevant period of the contract- (a) is payable by the seller and purchaser; and (b) is- (i) in the case of the seller, nil; or (ii) in the case of the purchaser, nil. Cap 571Z s 13 Stock futures contracts For the purposes of section 394(1)(b) of the Ordinance, the levy payable for a sale and purchase of a stock futures contract or an option on such a contract- (a) is payable by the seller and purchaser; and (b) is- (i) in the case of the seller, $0.20; or (ii) in the case of the purchaser, $0.20. |