THE HONGKONG GOVERNMENT GAZETTE, MAY 31, 1918.
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same, without any addition in respect of goodwill, compulsory parchase, or of any profits which might have been made from the undertaking: Provided that if such notice during the term of the licence be given the amount payable for the ferry vessels, materials, plant, and equipment shall be not less than the original value of the same when acquired by the In the case of difference licensee less an allowance in respect of reasonable wear and tear. the value shall be determined by arbitration.
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ARBITRATION.
35. Every arbitration under these regulations shall be heard and determined by a Board of Arbitrators which shall in each case consist of three members and be constituted in manner following:-
(i.) The Chairman of the Board shall be such Judge as the Judges may mutually
arrange.
(i.) The two other members of the Board shall consist of one member to be nominated by the Governor and the other by the licensee : Provided always that the member nominated by the Governor may be any member of the Colonial Civil Service.
(iii.) Notice in writing of the nomination by the Governor of a member of the Board shall be forthwith given to the licensee and shall be published in the Gazette and if he does not nominate a member of the Board within seven days from the date of such publication it shall be lawful for the Chairman to nominate and app int any person, other than a member of the Colonial Civil Servica, on behalf of such owner.
36.—(1.) The constitution of any Board shall be notified in the Gazette and within 14 days from such notification it shall commence its sittings at such time and place as the Chairman may appoint.
(2.) The Governor may appoint some person to act as Clerk to a Board and the Governor in Council shall determine his remuneration.
(3.) The remuneration of any member of a Board shall be at a rate according to the amount of work, the time occupied, and the magnitude of the interests involved, and shall be determined in each case by the Chairman at the conclusion of the arbitration: Provided that nothing herein shall authorise the payment of remuneration to a public servant who is not permitted to receive remuneration as a member of a board.
TEMPORARY LICENCES.
37. Notwithstanding anything contained in these regulations it shall be lawful for the Harbour Master to grant a temporary licence, subject to such conditions as he may think fit, for the maintenance of any ferry in any declared area during such period as may be required for the steps necessary for the issuing of a regular licence as contemplated by these regulations.
NON-PAYMENT OF RENT.
38. If a licensee of any ferry in respect of which rent is payable fails to pay any instal- ment of the rent when due it shall be lawful for the Governor in Council by order to declare that the powers and privileges of the licensee in respect of the said ferry shall from the date of the order be at an end and thereupon all the powers and privileges of the said licensee in respect of the said ferry shall cease and determine.
COUNCIL CHAMBER,
30th May, 1918.
A. G. M. FLETCHER,
Clerk of Councils.