10

11

(a) valuing any payment made during the occupa- tion period in respect of a debt (whether accrued due or not) payable by virtue of an obligation incurred prior to on after the commencement of the occupation period; or

(b) providing for the payment or other settlement of any debt or part of a debt (whether accrued due or not) payable by virtue of an obligation incurred during the occupation period and still unpaid at the commencement of this Ordinance; or

(c) determining a rate for the payment of any such interest as is referred to in sub-section (1) of section 10 of this Ordinance.

SCHEDULE

(Sections 3 (2) and 5).

1. Where any such payment as is mentioned in subsection (2) of section 3 of the Ordinance was made in occupation currency during any month or any period set out in the first column of paragraph 3 of this Schedule, such payment shall be re-valued by taking the unmber of dollars in Hong Kong currency set out opposite such mouth or period in the second column of paragraph 3 of this Schedule as equivalent to one thousand military yen. 2. In the case of a debt incurred during the occupation perial which falls to be re-valued under section 5 of this Ordinance, if the whole or any part thereof remains unsatisfied such whole or part shall be re-valued us in the month or period in which the dabt was incurred by taking the number of dollars in Hong Kong currency set out opposite such mouth or period in the second column of paragraph 3 of this Schedule as equivalent to one thousand military pen.

First ColumPI.

MONTH

Second Column

AMOUNT IN Hong Kong Dollars

* TO BE TAKEs as EquivalENT

To 1,000 Military YEN.

SCHEDULE-Continued

First Columa

MOSTH

1943 January February March April

May June July

Second Column

AMOUNT IN HONG KONG DOLLARS

TO DE TAKEN AS EQUIVALEST

to 1,000 MrLITARY TEN.

600

600

600

600

660

520

1

480

“August

300

September

320

October

280

November

280

December

280

May

1944 January

200

February

200

March

160

April

120

120

90

20

Angust

60

September

48

October

40

November

32

December

24

Juus

July

1042 January February March April

$800

800

1945 January

February March

20

16

16

800

April

1G

800

May

12

May

800

Jane

800

June

July 1-23

800

July

4

July 24-31

800

August 1-15

4

August

800

August 16-31

Kil

September

SOD

October November December

800

800

800

Share This Page