subject during the latter part of his administration: refer to the Colonial
the subject (284, latter
Regulation
hart, and "to incourement
that
carry
out a
fit is
detailed
every year.
valuation of the furniture et Layou the stuct letters of the
requned & Regulation
a detailed valuation should
certainly be made every time
Garma
assumes
offer.
A meant
A. F.
22/3
Since the above minute written I have discovered the circular of 15th Oct. 1889, which is quoted the
referred to by sitt. Blake.
one
The Circular
presupposes and
a periodical valuation, I should say i
in the explanation of route but I'd not think this need take place oftener than say
years.
Certainly it should not be considered
to revature
ne com
Gasmar
time
a mey
the
appears to
every abbited, undy Crimuler (which by the way, sent to boy
have been
Keny
ORA
Oct. 25, 1889). ? Send them a copy
of the Circular and say.
M. Round
7
Refl
an
M.
2-0
A.F.
23/3
proposed. Also
10624, 18607/89 S. Lucia; 063/90 to 21681/90 Grenada.
3 & 1 (s)---31216----4000-8-1900
39726-3000-2-01
(AF) 26
1. Greken. When the Circular of 15
Mr Lucas
It would be well to get this Hongkong despatch answered;
but I suppose that the ruling to be laid down for Hong Kong
should be applicable to all other Crown Colonies.
+ After studying such previous papers as seem to be available and studying Colonial Regulation 284, the intention and the
reasonable thing seems to be as follows :-
The re-valuation of the furniture annually during the
Governor's tenure of office ( which is enjoined by the final
words of Reg: 284 )is rightly to be dropped; and the valuation which obtain in any one year is to be considered to
be that which obtained in the previous year, less a depreciation of 5% for fair wear and plus an appreciation of 5% on
the value of any furniture added during the year.
Personally I very much doubt whether the average life
of furniture in the tropics is more than 20 years; and I am
inclined to think that the 5% depreciation allowed during 20
years really exhausts the value of the furniture. If so it
does not appear to be absolutely essential that there should
ever be a revaluation.
467
But it would probably be more satisfactory that there
should be a periodic revaluation; and the natural time for
the holding of such revaluation would seem to be on the assumption of office of each Governor (substantive not acting )
Draft for consideration.
C.P.L
/
at once