SUPREME COURT LIBRARY
HONG KONG
THE ORDINANCES OF HONGKONG.
1901.
No. 1 of 1901.
An Ordinance to settle the Defence Contribution of the Colony.
[8th February, 1901.]
No. 1 of 1901.
[Law Rev. Ord., 1924.]
1. This Ordinance may be cited as the Defence Contribution Ordinance, 1901.
2. The Colonial revenues, for the purposes of this Ordinance, shall include the gross receipts, from all sources of Colonial revenue, but shall not include the proceeds of land sales and premia on leases or statutory land grants.
3. A sum equivalent to twenty per cent. of the Colonial revenues shall be appropriated yearly to the Imperial Government as a contribution for the defence of the Colony:
Provided that the charges for working expenses and maintenance of the British Section of the Kowloon Canton Railway and of any railways, telephones or other productive undertakings of a similar character which may hereafter be 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 undertakings respectively, and the percentage struck on the net receipts only if any in each case:
* As amended by Law Rev. Ord., 1924.
The effect of this section is somewhat modified by the provisos to section 3 and by subsequent enactments such as No. 15 of 1908, s. 5, and No. 41 of 1912, s. 8, 9.
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