646
desirable that the pension rates in Hongkong, the Straits Settlements, and the Federated Malay States should be the same, especially as for some purposes the three administrations are manned by a joint service".
The very small section of contributors who are eligible for transfer have presumably no other advantage to gain, the pension funds of the three administrations being distinct, than that they would not on transfer find themselves possibly compelled to subscribe to a fund at a higher rate than that to which they have been accustomed.
(sd.) S. B. C. Moss.
(S1.) Francis Clarke.
(81.) S. H. D'Aquino.
(83.) M. Crofton.
Directors.