net
assured that you agree that it is necessary.
ist
12
Mr.Caine,
S. Camé
12.9-31
3477/4
The position in Hong Kong is shown in
Appendix VI.B to the 1931 Estimates, as amended
by the Resolutions passed by the Legislative
Council in July 1931 (82818/6) and I consider
that:
(a) If the S. of S. has sanctioned the
"Revised Estimated Total Cost" of the various
works and has approved of $11,427,011.23 being
met from Surplus Balances pending the raising
of a further loan, then the Secretary of State's
}
sanction is required for the amount to be
advanced within the year, but not for the
expenditure on any particular work, provided the
total expenditure on any work is kept within the
approved estimated cost for that work.
(b) If the S. of S. has not sanctioned the
"Revised Estimated Total Coat" of the various
works, then the Secretary of State's sanction
is required for the amount to be advanced within
the year for each work, and subsequently for
any variation therefrom.
4-11-31
A.). Harding
Director of Colonial Audit.