333
Appendix I
(Chapter 4: Public Finance and Taxation)
Colonial Development and Welfare
Details of locally administered Grants and Loans made by the United Kingdom Government towards schemes in progress during 1958.
Estimated Expenditure
Scheme No.
Title of Development Scheme
Grant Loan
£
£
up to 31.12.58
£
D 1967
Loans to fishermen for mechaniza- tion (Interest free loan-Repay- able by 9 annual instalments of £5,000 and a final one of £1,850 with effect from 1.4.58)..
46,850(1)
46,850
D 2341
Site development for low-cost
housing, Healthy Village
25,000
18,034
D 2487
Construction of Pathology Insti- tute, Hong Kong University
=
D 2539
(administered by University)
Development schemes in New
Territories ..
80,781
74,864
263,500
208,780(2)
D 2594
Aeronautical Telecommunication .
16,800
3,789(3)
D 2663
& A
Site development for low-cost
housing, Kennedy Town
52,500
52,500
D 2990
Site development for low-cost
housing, So Uk ..
88,875
85,853(4)
£527,456 £46,850 £490,670
Notes: (1) £50,000 originally reduced to £46,850 in July 1958.
(2) Colonial Development and Welfare Scheme share of estimated expenditure varies
with the items comprising this scheme as follows:
£
£
Item 1. Road on South Lantau
42% of 106,730= 44,827
2.
Six feeder roads
50%
70,568 35,284
3. Piers in the New Territories
85%
1.
4. Irrigation schemes
5. Survey party
85%
85%
++
26,840= 22,814
119,979-101,982
4,557 3,873
£208,780
(3) Colonial Development and Welfare Scheme share (80%) of estimated expenditure.
(4) Colonial Development and Welfare Scheme share (75%) of estimated expenditure.