INDUSTRIAL TRAINING (CONSTRUCTION INDUSTRY) ORDINANCE
Gazette Number:
L.N. 55 of 2004
Section:
21
Heading:
Imposition of construction industry levy
Version Date:
01/06/2004
Caution : This is a past version. See the current version for the latest position.
PART IV
LEVY
(1) A levy, to be known as the construction industry levy, at the specified rate shall be imposed on the value of all construction operations undertaken or carried out in Hong Kong.
(2) Notwithstanding subsection (1), construction operations the total value of which does not exceed the specified amount shall not be liable to the levy.
(3) Subject to section 26(8A), the levy shall be payable in accordance with this Ordinance by every contractor who carries out construction operations.
(4) The Legislative Council may by resolution amend Schedule 2.
(5) Any amendment to Schedule 2-
(a) shall come into effect on the expiration of the period of 30 days after the publication of the resolution in the Gazette; and
(b) shall not apply to any construction operations if, before the expiration of the period referred to in paragraph (a)-
(i) the tender for the construction operations has been submitted to the employer concerned;
(ii) no tender for the construction operations has been submitted to the employer concerned, but a construction contract in respect of the construction operations has been entered into; or
(iii) no tender for the construction operations has been submitted to the employer concerned and no construction contract in respect of the construction operations has been entered into, but the construction operations have been commenced.