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conditions :-
(i) If in any year the sterling value of this fixed sum,
calculated at the average rate of exchange for the year
should fall below £350,000, or in the event of a formal
devaluation of the dollar which would reduce the value
below that figure, the amount of the Contribution
shall be at once reviewed without waiting for the end
of the quinquennial period. (Paragraph 17 of the
Governor's despatch).
(ii) The Colony shall not pay in any year more than the
actual cost of the garrison in that year.
(Paragraph 20 of the Governor's despatch).
(iii) That acceptance of the system of a fixed annual
contribution is regarded as an experiment subject to
review at the end of the first quinquennium, with the
proviso that if the experiment is found to be
unsatisfactory the Council or the Colony may propose
to revert to the present basis of calculation of the
Contribution at the end of the 1939 1943
quinquennium.
This opportunity of reviewing the system is of course
distinct /