9. The currency of Hong Kong is based on the

silver dollar.

For the purposes of local payment,

salaries fixed in sterling are converted into dollars

at rates fixed by the Government.

The rate as from the

1st of January, 1932, has been fixed at the current

rate of exchange, subject to a minimum rate of la. and

12

a maximum rate of 28. A pamphlet containing infomation

as to the conditions and cost of living in Hong Kong is

enclosed.

10. During their period of training Cadets are

entitled to free quarters; if Government quarters are not

available, a rent or lodging allowance will be paid.

11.

The appointment may be terminated at any time

on the Governor giving three months' notice, or on the

payment of one month's salary in lieu of notice. In the

event of a Cadet wishing to leave the service at any time,

he will be required to give three months' notice, or to

pay to the Government a sum equal to three months' salary.

Colonial Office,

August, 1933.

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