Q.69

REVENUE.

3. The total amount of revenue received for the year 1938 was

Premia $1,199,510.47 Boundary Stone Fees & Survey Fees 23,941.25 Permits, Fees from 354,548.71 Plans sold to the Public 1,432.00 Temporary Piers, Fees from 11,294.98 Total $1,590,727.41

Note: The above amount includes sums of $22,936.44 and $4,935.70 collected by the District Officer, North and District Officer, South respectively during the year.

CROWN LANDS.

4. Land Sales, Extensions, Grants etc. The total amount of premia paid into the Treasury during the year was $1,231,221.99 of which $23,941.25 was derived from fees for survey and boundary stones. The estimates for the year were $355,000.00 for premia on new leases and $30,000.00 for boundary stones and survey fees. Table A gives a comparative statement and Table B gives a graph of the revenue derived from land sales, etc. for the year 1929-1938.

5. Sales by Public Auction:-These are included in Table A at the end of this report. The principal ones involved the sales in Kowloon of (a) two lots of 105,000 square feet and 39,000 square feet to the Tien Chu Manufacturing Co., which realized a premium of $86,400.00 and (b) a lot of 57,000 square feet to Mr. Luk Yuen Lok which realized a premium of $53,000.00; and in New Kowloon of two lots of 49,500 square feet each to the Kowloon Motor Bus Co. (1933) Ltd. which realized a premium of $123,750.00.

6. Sales without Auction, Extensions, Conversions & Exchanges:-These are all included in Table A.

7. Grants on nominal terms:-There was only one grant during the year and this was in Hong Kong.

8. Grants on short leases:-There were three grants during the year and all were in the New Territories, Southern District.

9. Extensions of terms of leases: The leases of two New Kowloon Dairy Farm Lots were extended for a further period of ten years in each case without premium.

10. Piers: (a) Permanent:-In Hong Kong extensions of 1,000 square feet and 2,588 square feet were granted to Permanent Piers Nos. 19 & 24 respectively at a total premium of $2,824.00.

(b) Temporary:-Licences to erect three new piers, one in Kowloon, one in New Kowloon and one in New Territories (Northern District) were issued during the year. Total fees for the year for all temporary piers amounted to $11,294.98 and premia $1,247.00.

11. Re-entries:-Twenty nine lots in Hong Kong, four lots in Kowloon, four lots in New Kowloon, eighty one lots in the New Territories, Southern District, and four hundred and sixty four lots in the New Territories, Northern District, were re-entered during the year; and re-entries on eleven lots in Hong Kong, four in Kowloon and five in New Kowloon were cancelled.

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