(h) Military servicos.
K
Air Force servicos.
amateur and cxportachtal station services. any fixed station service that the Company is not able to arrange with the authorities at the place in question after being required under Article 3.
231
ARTICLE 3.
The Company shall pay to the Colonial Treasuror
as a Royalty for the concession the sum of one penny for overy paid word sent or received by its radio-electric
service in the Colony with a minimum payment of £10,000
a year.
Such payment sill be mide to the Colonial
Treasurer of Hong Kong during the month of July in cach
year and shall be in respect of accounts made up to the
last day of the preceding month; provided that the first
of such payments shall be made in the month of July
following twelve months oporation by the Company.
Without prejudice to the said minimum annual payment,
either the Government or the Company may require a revision
of the rate per word or of the method
computing the
said royalty from time to time by three months previous
notice in writing; but such revision shall not be made unless
the average rates of charges by the Company to the public
have boon increased or reduced by more than 25% since the
date of this agreement or since the last revision.
default of agreement between the Government and the Company
with regard to such revision the matter shall be rcferred
In
to arbitration in accordance with the provisions of Article 25.
ARTICLE 4
The rights granted and the obligations undertaken
under this grecment shall continue and endure from the
date .ereof until the date of expiration or sooner
termination of the Licence and Agreement on the 4th day
of September, 1929 botween The King's Most Excellent
jesty nd the Board of Trade of the first part, lis
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