(2)

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§ 6.

to make, continue or renew any subsidy.

Thero shall be no obligation on the Government

§ 7.

No school shall be eligible for a subsidy which is

in receipt of a Government grant under any other Code.

§ 8.

If the application of these regulations shall result

in any appreciable reduction of the amount of subsidy payable

to any school under the previous Code such reduction shall

not be mado without at least two years notice to the Managers

concerned.

§ 9.

Part I. Recurrent Subsidies.

Recurrent subsidies shall be paid quarterly.

The

amount of the subsidy shall be not less than one half of the

estimated difference between the approved cxpenditure of the

school and its income from ordinary tuition school fees.

The approved expenditure may include :

§ 10.

(i)

Salaries.

(ii) Rent.

SALARIES. § 11. The cost of teachers' salaries shall be estimated

at the rates laid down in sections 12 16 of these regulations.

$12.

The salaries of certificated teachers shall be

estimated at the following rates :

Head teacher, man

$70 per month.

Assistant teacher, man $60

Head teacher,

woman $60

#!

Assistant teacher, woman $50

A certificated teacher means a graduate of a Hong Kong

Government normal school or one who in the opinion of the

Director of Education has at least equivalent qualifications.

13. The salaries of Passed Student Teachers shall be

estimated at the following rates:

Head teacher, man

$60 per month.

Assistant teacher, man

$50

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