Land Sales, &c.
6
The actual amount of premium paid into the Treasury during the year was $161,851.43, or considerably less than the estimate, which amounted to $200,000. It included the following sums which do not appear in the tabulated statement:--
Premium derived from sale of rights to erect piers = $8,959.60
Fees for boundary stones to mark lots,
Premium for permission to build upon portions of K.M.L. 11 (Hongkong and Kowloon Wharf and Godown Company.) = 1,306.30
= 1,157.10
A sum of $275.26, representing over-charges in premium, was refunded to the owners of two lots. It comprises the following:
No. of Lot. Premium. Remarks. I. L. 2182 105.50 Area found to be less than that stated in Sale Conditions. I. L. 2053 109.76 Do. do.The following amounts which were due in respect of transactions arranged during 1917 had not been paid into the Treasury before the close of the year:-
Premium for K.I.L. 1352 granted in exchange for F.L. 22, Sec. A, $3,062.00
Charge for boundary stones for F.L. 22, Sec. A, 25.00
Premium for an extension to Kowloon Permanent Pier No. 23, 742.80
Amount received by District Officer, North, but not brought to account, 17.89
The following is a comparative statement of the Revenue derived from Land Sales, etc., for the years 1915-1917-