Contents of Section

Chapter:

218 PDFTitle:TRAVEL AGENTS ORDINANCEGazette Number:L.N. 130 of 2007
Section:32IHeading:Levy due to Travel Industry CouncilVersion Date:01/07/2007
Remarks:

    For the saving and transitional provisions relating to the amendments made by the Resolution of the Legislative Council (L.N. 130 of 2007), see paragraph (12) of that Resolution.

(1) A travel agent shall be liable to pay to the Travel Industry Council, in respect of every outbound fare received by such travel agent, a levy, the amount of which shall be ascertained with reference to a percentage, which shall be a percentage-
        (a) of such outbound fare; and
        (b) specified for the time being for the purposes of this section by the Secretary for Commerce and Economic Development by notice published in the Gazette. (Amended L.N. 125 of 2004; L.N. 130 of 2007)
(2) The Council levy shall be paid to the Travel Industry Council by a travel agent in such manner and at such time as is determined by the Board.
(3) Any amount on account of the Council levy which is due from a travel agent and unpaid shall be recoverable as a civil debt due to the Travel Industry Council.
(4) The Travel Industry Council shall expend money received by it on account of the Council levy only on operational expenses incurred by it in pursuing or achieving its objects.
(Part IIIA added 51 of 1993 s. 5)