5
Defence Conentation.
Kothary
Revenue
revenue
This is paid, not on
figure, but on the Rany cast
lers Ray cards expenditure
as voted.
Thus any renewal actually made is deducted from venue assessed to contribution.
Railway
I
tee no means under present ordinance wherely.
renewals fund could excape contribution my more then the present "defrenation" reseve,
newals were met out
a
If we wal
mat just on
of
the
frund
Colony votes, the residue of "sperine
enfenditio", man in fort capital expendition,
a
direct
7
woned write disallowance
railway revenue.
مه
a
deduction from
I thanks
© If the fund were held by the thery, both interest earned & propt
wire tment's wond
be for receipts of the Rary & the fore assess. while the fund is part, in effect of the Colony's balance the profit is not assessed,
There is also the point of uniformity with the Chinese section. If it is desired to preseve this uniformity work in the Rary account's themselves the proposed renewals fund could thes fround also be held in preference
له
شما
the
Colony's
in
hands snot "the Railway accounts.
We might
Umate
thear position & suggest
that the fund might be set up
simply
as an earmarked face fake Colony's in fliis
а
under
than annual
the folly, procedure i contatations to the fund the povided to yo
by
defarate sub-division of the Railway Lead, beeing the amount fronded being
the
سمرق
fromsion
the loft contribution a life basis of all wasting assets less the