No.104.
AIR MAIL.
Sir,
تم
5387063
GOVERNMENT HOUSE,
HONG KONG.
4th February, 1938.
I have the honour to submit for a ruling
some questions which have arisen with regard to the payment of certain leave salaries and persions at fixed rates of exchange. These fixed rates originated some forty years ago when officers were recruited from the United Kingdom on dollar salaries and it was no doubt thought desirable to give them some security as regards the rates of
exchange at which their salaries would be converted into
sterling for purposes of leave and pension. The rates then fixed (varying between three shillings and four shillings) approximated to the average value of the dollar
at the time, but are now very far removed from the current
rate or any rate which has prevailed for the last fifteen
years.
2.
Prior to 1924 the position was set out in General Orders Nos. 178 and 179 of the 1912 Edition which
read as follows:-
General Order 179
"Officers not being on Sterling Salaries appointed before the 1st July, 1997, draw pensions in England at the rate of three shillings and eight pence to the
dollar; those appointed between 1st July, 1997, und
THE RIGHT HONOURABLE
.G.A. ORMSBY-GORE, P.C., M.F..
copy
C. A
&c.,
60.
&C.