30
which were not then in existence, e.g.
receipts from wireless undertakings, and,
in accordance with the principles
accepted by the Haliburton Committee, to
assess only the net revenue from such
undertakings.
might be held to justify a change in the
rate of annual percentage allowance upon
capital expenditure from current revenues
on railways, telephone or other productive
undertakings, as provided by section 3 of
the Defence Contribution Ordinance, 1901.
I am accordingly to request you
Similarly, changed conditions
•
to submit for consideration of His
Majesty's Government such of the claims
referred to in paragraph 2 as can be
regarded as justified on the basis of the
principles indicated in paragraph 3. The
reasons for the exemption or different
treatment of assessment of each particular
item of revenue should be given in detail
together with an estimate of the probable
effect on the contribution judged on the
basis of the revenue of recent years. It
will be of assistance if the various
individual amounts of revenue can be
linked up with the figures in any printed
sources of information.
I have, etc.
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