1914 — Page 52

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SPECIFICATION OF TAXES, DUTIES, &c.

Act or Colonial Legislature or other Authority under which levied.

OTHER MISCELLANEOUS RECEIPTS

Royalties

The Hongkong Tramway Company, Limited, shall pay to the Government the following Royalties, that is to say:

(a.) From 22nd September, 1914, for the period of twenty-five years, a Royalty amounting to five per cent. per annum of the profits of the Company.

(b.) After the said period of twenty-five years (22nd September, 1939) has expired and for so long as the Company shall exercise their said rights, powers and authorities, a Royalty amounting to twenty-five per cent. per annum of the profits of the Company.

For the purpose of this section profits shall be the gross takings of the Company less working expenses, and such working expenses shall not be deemed to include any interest or dividends upon any moneys borrowed for the purposes of the Company.

Unclaimed Balances

Indivisible residue and unclaimed dividends, and Interest on funds in Court transferred to the General Revenue of the Colony.

Widows' and Orphans' Pensions Contributions

Section 47 of Ordinance 10 of 1902.

Ordinance 1 of 1885.

Ordinance 15 of 1908.

LAND SALES

Premia on Sales at Public Auctions held in accordance with Notifications.

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SPECIFICATION OF TAXES, DUTIES, &c. Act or Colonial Legislature or other Authority under which levied. OTHER MISCELLANEOUS RECEIPTS Royalties The Hongkong Tramway Company, Limited, shall pay to the Government the following Royalties, that is to say: (a.) From 22nd September, 1914, for the period of twenty-five years, a Royalty amounting to five per cent. per annum of the profits of the Company. (b.) After the said period of twenty-five years (22nd September, 1939) has expired and for so long as the Company shall exercise their said rights, powers and authorities, a Royalty amounting to twenty-five per cent. per annum of the profits of the Company. For the purpose of this section profits shall be the gross takings of the Company less working expenses, and such working expenses shall not be deemed to include any interest or dividends upon any moneys borrowed for the purposes of the Company. Unclaimed Balances Indivisible residue and unclaimed dividends, and Interest on funds in Court transferred to the General Revenue of the Colony. Widows' and Orphans' Pensions Contributions Section 47 of Ordinance 10 of 1902. Ordinance 1 of 1885. Ordinance 15 of 1908. LAND SALES Premia on Sales at Public Auctions held in accordance with Notifications.
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(A 50) SPECIFICATION OF TAXES, DUTIES, &c. Act or Colonial Legislature or other Authority under which levied. OTHER MISCELLANEOUS RECEIPTS :- Royalties,- The Hongkong Tramway Company, Limited, shall pay to the Government the following Royalties, that is to say:- (a.) From 22nd September, 1914, for the period of twenty-five years, a Royalty amounting to five per ceut. per annum of the profits of the Company. (b.) After the said period of twenty-five years (22nd September, 1939) bas expired and for so long as the Company shall exercise their said rights, powers and authorities a Royalty amounting to twenty-five per cent. per anuum of the profits of the Company. For the purpose of this section profits shall be the gross takings of the Company less working expenses, and such working expenses shall not be deemed to include any interest or dividonds upon any moneys borrowed for the purposes of the Company. Unclaimed Balances,- Indivisible residue and unclaimed divideuds, and Interest on funds in Court transferred to the General Revenue of the Colony. Widows' and Orphans' Pensions Contributions,................ 1 Section 47 of Ordinance 10 of 1902. Ordinance 1 of 1885. Orlinance 15 of 1908. LAND SALES. Premia on Sales at Public Auctions held in accordance with Notifications.
2026-07-12 03:23:16 · Baseline
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(A 50)

SPECIFICATION OF TAXES, DUTIES, &c.

Act or Colonial Legislature or other Authority under which levied.

OTHER MISCELLANEOUS RECEIPTS :-

Royalties,-

The Hongkong Tramway Company, Limited, shall pay to the Government

the following Royalties, that is to say:-

(a.) From 22nd September, 1914, for the period of twenty-five years, a Royalty amounting to five per ceut. per annum of the profits of the Company.

(b.) After the said period of twenty-five years (22nd September, 1939) bas expired and for so long as the Company shall exercise their said rights, powers and authorities a Royalty amounting to twenty-five per cent. per anuum of the profits of the Company.

For the purpose of this section profits shall be the gross takings of the Company less working expenses, and such working expenses shall not be deemed to include any interest or dividonds upon any moneys borrowed for the purposes of the Company.

Unclaimed Balances,-

Indivisible residue and unclaimed divideuds, and Interest on funds in Court

transferred to the General Revenue of the Colony.

Widows' and Orphans' Pensions Contributions,................

1

Section 47 of Ordinance

10 of 1902.

Ordinance 1 of 1885.

Orlinance 15 of 1908.

LAND SALES.

Premia on Sales at Public Auctions held in accordance with Notifications.

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