The actual amount of premium paid into the Treasury during the year was $297,089.10 or much more than the Estimate, which amounted to $250,000. It included the following sums which do not appear in the above tabulated statement :--
Premium derived from sale of right to erect piers, $12,100.00
Fees for Boundary Stones to mark lots, .. 1,519.00
Premium for permission to build upon portion of K.M.L. 11 (1,186 sq. ft.), Hongkong and Kowloon Wharf and Godown Co.'s property, 3,380.10
A sum of $2,567.75 was refunded to the owners of various lots, made up as follows:-
CrownNumber of Lot. Premium. Rent. Remarks. F. L. 76, $ c.
14.57 $ c. Area found to be less than that stated in Sale Conditions. I. L. 1901, 42.60 Do. I. L. 1926. 133.56 Error made in date of commencement of Crown rent. I. L. 1927, 79.90 K. M. L. 9, 644.02 743.10 Area found to be less than that originally leased. Pier at end of Public Square Street, Yaumati, 160.00 750.00 Licence for 12 months recalled and monthly licence substituted.
In some cases the premium for land sold in one year is not received by the Treasury until the following year, thus causing an apparent discrepancy between the Treasury figures and those given by this Department.