of the need for making specific provision, so far as may be
necessary, for the application to the Municipal finances of
that measure of external control which it is necessary to
exercise over the Colony's finances whilst it is in receipt
of financial assistance from His Majesty's Government and for
the carrying out of the Colonial Government's responsibility in
respect of any scheme under the Colonial Development and
Welfare Act, 1940, with which the Municipality may become
concerned.
As regards the question of the powers of the Municipal
Council in the matter of taxation, whilst there is no
objection to the Municipality acting as agents of the Central
Government for the collection of specified taxes, or to the
proceeds of specified taxes being assigned to the Municipality
to most expenditure, nor to the Municipality being empowered to
levy rates and to fix the fees payable in rospect of licences
etc. issued by it, I desire to make it clear, to avoid any
possible misunderstanding, that it would in my view be open to
objection if the Legislature wore to transfer to the
Municipality any authority in respect of other taxation.
(j) Municipal loan projects (paragraph 35).
I confirm that any loan projects of the Municipality should be
submitted to and receive the sanction of the Central Government,
and that I would wish them to be submitted to me as well.
(k) Audit arrangements (paragraph 36).
My view is that the audit of the Municipality accounts should be
carried out by the Colonial Audit Department.
(1) Transfer to the Municipality of movable and immovable
property. (paragraphs 37 and 38).
I should be glad to be consulted further on the question of the
terms on which property should be transferred or leased to the
Municipality
•