86110/22

(1712) 92622/32

(11)+ (12) on 92622/32

(20)

Paragraph (i), relating to land sales, comes from the latter part of the repealed section 2.

Paragraph (ii), relating to condemned stores, appears in Appendix II of the draft Estimates for 1933 as authorised by C.O. despatch 129 of 29th April, 1922.

Paragraph (iii), relating to Gap Rock Lighthouse, ex- presses the agreement by the Army Council in paragraph 4 of the War Office letter of the 25th April, 1932, enclosed with the Secretary of State's despatch of the 3rd June, 1932.

Paragraph (iv), relating to anti-piracy escorts, and para- graph (v) relating to overpayments, expresses the agreement by the Army Council in paragraph 5 of the said letter.

Paragraphs (vi) and (vii). relating to transfers to revenue under Colonial Regulation 291 and to profits from the ap- preciation of investments when realised, represent the under- standing referred to in Colonial Office letter of 14th October, 1932, to the War Office enclosed with the Secretary of State's Despatch of the 22nd October, 1932.

Paragraph (viii) refers to section 5 of the Widows and Orphans Pension Ordinance, No. 15 of 1908, the consolidation of which with its amending ordinances is in course of pre- paration,

Gection

Paragraph (ix) refers to Section 14 of the War Loan Ordinance, No. 12 of 1916, the loan under which has been paid off, to section 15 of the Public Works Loan Ordinance, No. 14 of 1927 and to section 13 of the Public Works Loan Redemption Ordinance, No. 15 of 1933, the loan under which is to be paid off shortly either in cash or by conversion bonds. under the latter Ordinance, and to the proposed new Loan Ordinance for a loan of approximately $28,000,000 with respect to which, as stated in War Office Letter of 25th February, 1933. enclosed with the Secretary of State's despatch of 7th March, 1933, the Army Council is prepared to make a similar concession.

Paragraph (x) refers to section 9 (8) of Ordinance No. 41 of 1912, the operation of which Ordinance is, however, suspended by Proclamation No. 3 in the Hong Kong Govern- ment Gazette of the 7th February, 1913.

Paragraph (xi) refers to routine realisations dealt with in paragraphs 12 and 13 of the Governor's despatch No. 400 of 10th September, 1929, and agreed to in paragraph 11 of the (1) War Office letter to the Colonial Office of the 25th April, 1932.

5. The new section 3 (3) (i) represents the first proviso to the repealed section 3 of the principal Ordinance.

(1) v(2) geberfe

The new section 3 (3) (ii) sets out the productive under- takings other than railways and telephones which have been recognised as entitled to similar treatment. The Opium Mono- poly appears in Appendix II of two draft Estimates for 1933 as recognised under Colonial Office despatch No. 173 of 10th July, 1914. The Government Wireless Telegraphy Services were recognised in paragraph 2 of the War Office letter of 25th April, 1932, enclosed with the Secretary of State's des- patch of 3rd June, 1932. The Government Motor Meat Van Services and the Water Installation (House Service) Account were recognised in paragraphs 3 and 5 of the same letter.

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