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established and for interest and sinking fund on any sums raised by loan and utilized for the construction of such railways, telephones or undertakings shall be deducted from the gross receipts of such railways, telephones or under- takings respectively and the percentage struck on the net receipts only if any in each case. Provided also that from and after the first day of January, 1911, in the case of any railways. telephones or other productive undertakings the cost of the construction of which has been or hereafter may be defrayed out of the Revenue of the Colony and not by means of a loan there shall be deducted anumally from the gross receipts of such railways, telephones or other undertakings during a period of fifty years a sum equal to four per cent. on the capital expenditure incurred in the establish- ment of such railways, telephones or other undertakings and the percentage shall be struck on the net receipts if any after deducting the said sum of four per cent."
Objects and Reasons.
This Bill which adds two provisoes to section 3 of the Principal Ordinance (Ordinance No. 1 of 1901) is in- troduced at the suggestion of His Majesty's Secretary of State for the Colonies. It has, moreover, been agreed to by the Lords Commissioners of the Treasury and the Army Council. Section 3 of the Principal Ordmance reads as follows:-
"From the 1st day of January, 1901, a Sum equivalent to twenty per centum of the Colonial Revenues shall be appropriated yearly to the Imperial Government as a contribution for the defence of the Colony. Such sum shall be in lieu of that mentioned in the Defence Contribution Ordinance, 1896."
A BILL
C. G. ALABASTER,
Attorney General.
Short title.
Amends Ordinance No. 9 of 1911.
ENTITLED
An Ordinance to amend the Liquors Consolida-
tion Ordinance, 1911.
BE it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof. as follows:-
1. This Ordinance may be cited as the Liquors Amendment Ordinance, 1911.
2. The Liquors Consolidation Ordinance, 1911, is hereby amended :-
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(a.) in section 3 (5) thereof by the deletion of the words or under the New Territories Regulation Ordinance, 1910”.
(b.) in sub-section (2) (h) of section 22 thereof by the insertion of the words or girl" after the word "woman".
(e.) in condition (8) of the conditions of Form 4 of the First Schedule by the insertion
of the words "or girl" after the word
woman ".
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