Addititional Annual Expenditure to be is
therefore estimated at
Pereirion
i.e. Total Expenditure to be met from
Government sources
21
£83,500
£113,500
2. It is proposed that the Capital Expenditure required should be met as follows:
From U.K. funds other than
C. D. and W.
Allocation under Colonial,
Development and Welfare Act
outside the sum provisionally allocated to Hong Kong
£500,000
200,000
16,000
£716,000
Hong Kong Government revenue
It is proposed that the Recurrent Expenditure
required should be met as follows:
Contribution from U. K. funds of
rising to
£30,000
£45,000
by £2,500 per annum over a
six year period.
Contribution from Hong Kong
Government funds of
£30,000
rising to
£68,500
£113,500
It is suggested that the expected proportions
of Colonial Dominion and Foreign students
would justify the rising contribution from U.K.
funds which might possibly include some
subventions from the Dominions. The Vice-
Chancellor has supplied figures to show
the nationality and domicile of students
over the period 1928 1941. The average of
-
these figures is as follows:
/From