The Court of First Instance delivered the judgment on the Judicial Review case Ho Kwok Tai v Collector of Stamp Revenue (HCAL 49/2015) today.  The Court of First Instance held that section 29DF of the Stamp Duty Ordinance applied to the situation where the purchaser owned more than one original residential property.  The Inland Revenue Department is studying the judgment of the Court of First Instance in detail, and will consider taking further action after seeking legal advice.