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provided for the assessment of Crown rent and premium in accordance with the values ruling immediately before the out-break of the Pacific War. Sixty applications had been received by 31st March 1947, and one new Crown Lease had been granted.
59. The revenue derived from the sale, etc., of Crown Land was as follows:-
(1) Sales by Auction Kowloon 14,220.00 (ii) Sales without auction New Kowloon New Territories: 159,000.00 New Territories : 2,070.00 11.00 (iii) Extensions 6,863.00 (iv) Conversions and exchanges: New Territories : 65.80 (v) New 75 year lease Hong Kong 8,638.00 Total.... $190,867.8060. For the temporary occupation of Crown Land in Hong Kong, Kowloon and New Kowloon 1,033 new permits were issued, a total of 1,668 permits were in force during the year, and the sum of $312,406.87 was collected in fees.
61. The total revenue, including $7,809.20 collected by District Officer, New Territories, amounted to:-
Premia on sales, etc. $190,867.80 Boundary Stone and Survey fees. 240.00 Permit fees 317,894.27 Sale of plans 156.00 Miscellaneous 175.00 Total. $509,333.07Page 15
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