146
2.
Section 3 of the principal
Ordinance is amended by the addition of
the crds folloring, that is to say:-
"Provided that the charges for working
expenses and maintenance of any railways
telephones or other productive undertakings
of a similar character which may here-
after be established and for interest und
sinking fund on any sums creted for the
construction of such railways telephones
or undertakings shall be deducted from
the gross receipts of such railways telephones
Amendment of section
3 of the principal Ordin
the British sex hind
the Kasloon. Canton "railway & of
raised
utilyad
loan &
shight modification
t. Yous
Wachang repayme
Alc
of which has been or hereafter may
be defrayed out of the Revenue of the
Colony and not by means of a loan there
shall be deducted annually from the gross
receipts of such rilways telephones or
other undertakings during a period of fifty
years a sum equal to four per cent on the
capital expenditure incurred in the
establishment of such railways belephones or
other undertakings and the percentage shall
be struck on the net receipts if any after
deducting the said sum of four per cent.
or undertakings respectively and the per-
centage struck on the net receipts only if
any in each ease."
Provided so that from and after the
first day of January 1910 in the case of
any railways, telephones or other productive
undertakings the cost of the construction
of
7