426
PUBLIC RECORD OFFICE
112
APPENDIX.
(1) Assessment of Net Receipts.
Nature of Modification. Mare-Aux-Vacoas and other Motor Works
Date. 1897
(Mauritius).
Penang Public Telephones (Straits)
Penang Public Tramways (Straits)
1899
1900
Currency Note Issue (Straits)
1902
Grounds for Concession. Accepted by Imperial Government, under
protest, as analogous to railways. Analogous to railways.
Do.
The Government issue was to supplement issue of notes by banks. The silver received for the notes formed a fund for their payment. After deducting expenses and depreciation the balance of interest on investment of part of this fund was available as general revenue.
4 per cent. deduction from receipts allowed on analogy of interest, &c., on capital provided by loan.
Not part of revenue in 1895.
Capital expenditure on productive under-
1904
takings found from revenue (General).
Christmas Island (Straits)
1901 and 1905
Labuan (Straits)
1906
Do.
Weihaiwei Post Office (Hong Kong) Government Opium Factory (Straits)
1909
This Post Office worked at a loss.
1910
Analogous to railways.
(Hong Kong) Penang Government Wharves (Straits) Kowloon-Canton Railway (Hong Kong) Government Distilleries (Ceylon) .. Participation in Empire Exhibition,
Wembley (Hong Kong).
? 1911 1911
Do.
Do.
Railway.
1912
1925
Analogous to railways.
Colony would only agree to take part in Exhibition if War Office agreed to prin- ciple of net profits only being applied.
(2) Exclusion of Items not Properly Revenue.
113
Nature of Modification. River and Harbour improvements (Straits)
Harbour improvements (Hong Kong)
(3) Exclusion of Miscellaneous Items.
Date.
1906
1908
Contribution from Malay States towards
Governor's salary (Straits). Payments of annual war contribution to Imperial Government (Straits, Ceylon). Revenue devoted to payment of interest and sinking fund.on loan of $3,000,000 raised with a view to proceeds being given to Imperial Exchequer (Hong Kong).
Excess interest arising from the payment
by the Singapore and Penang Muni- cipalities and Harbour Boards of interest on loans to provide funds for the purchase of Tanjong Paegar Docks, &c. (Straits). Proceeds of special surtax and export duty
on sugar (Mauritius). Proceeds of special export duty on sugar
(Mauritius).
1909
1916
1916
1919
1921
1922
Do.
1923
Gift of £250,000 towards Singapore Base (Profit on shipping control) (Hong Kong).
1925
Proceeds of special export duty on sugar
(Mauritius).
1926
Grounds for Concession. Revenues raised for the work would be for the purpose of expenditure that would in the end increase the normal revenue. Revenue raised for, and would cease on com- pletion of a special service of a humani- tarian character. (Typhoon refuge.)
In the event of refusal payment would have
been arranged direct to Governor. Special circumstances
Do.
Apparently on analogy of the River and Harbour Improvements referred to above.
In view of contribution being in excess of
cost of garrison. On account of smallness of amount involved
and because special legislation would be required to repeal ordinance which had been passed without reference to Imperial Government.
Contribution waived as ordinance had been
passed.
Special circumstances. The £250,000 was brought into revenue from a Reserve Fund and paid out to His Majesty's Government.
The proceeds of the duty are applied to the redemption of a loan raised for the assistance of the local industry.
Reference:
C.O.882/11
ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH-NOT TO
| PUBLIC RECORD OFFICE, LONDON
Nature of Modification.
Dale.
Grounds for Concession.
Reimbursements :——
Mechanical Transport Loan (Mauri-
tius).
1902
Not regarded as " revenue."
Planters Loan (Mauritius)
1903
Widows' and Orphans' Pension Fund
(Straits).
1903
Not assessed in 1895.
Widows' and Orphans' Pension Fund (Ceylon, Mauritius, and Hong Kong). Refunds of revenue wrongly credited
(Straits).
1904
Do.
1905
Such amounts are not properly revenue.
Praya Reclamation Fund, balance of
{Hong Kong).
District collections (Straits)
1906
Fund found from revenue already assessed to
military contribution.
Postal agencies in China (Hong Kong)
Halance of Quarters for Nursing
Sisters" Fund (Hong Kong).
1910
Do.
Services (Straits)
Refunds of revenue wrongly credited (Hong
Kong, Mauritius, and Ceylon). Payments to Seconded Officers Pension
Funds (Straits).
1910
Such amounts are not properly revenue.
1911
1919
n
Repayment to revenue in respect of
1919
Do.
Do.
reduced loss on rice purchases (Hong Kong).
Receipts accruing in respect of returned
stores (Hong Kong). Adjustment of exchanges (annual valua- tion of Sterling investments) (Hong Kong).
1922
Represents realization of capital.
1922
Not real revenue only paper accounting.
Refund of revenue (repayment to British America Tobacco Company in respect of rebate on duty paid previous year).
Shing Num Valley Waterworks. (Repay- ment to revenue out of loan of $2,000,000 capital expenditure defrayed from revenue.)
1928
Not properly revenue.
Kong).
1928
The $2,000,000 expended from revenue had already been subject to assessment.
Increased expenditure on local volunteers, prisoners of war, &c., i.c., Imperial or quasi Imperial services (Straits). Government Buildings let for profit (Hong
Reasons for Refusal.
The tax was raised to meet losses caused by new mode of raising opium revenue, but all new revenue is liable to assessment and changes in mode of raising revenue do not justify reduction of contribution. Part of the revenue in 1895. Assessment on net receipts would involve reconsidera- tion of percentages.
Part of the revenue in 1895 and exemption would involve reconsideration of per- centage.
Do.
Though new it would defray expenditure previously charged upon general revenue and thus involve reconsideration of per- centage. The Treasury view was that the revenue should be subjected to contribution like all new revenue. If the Colony became financially embarrassed the Treasury would prefer to give a grant-in-aid (see also under Petroleum Tax above). No revenue is earmarked specially for such services which are merely extensions of expenditure incurred in peace time. (See also above).
* See also paragraph 23 of the enclosure to War Office letter to the Treasury of 25th April, 1929.
Do.
1929
Do.
(4) Exemptions Refused.
Nature of Modification.
Dale.
Petroleum Tax (Straits)
1907
Government buildings, let for Profit
(Straits).
1907
1907
1908
Portion of revenue equal to cost of special
1908
Hospital charges and school fees* (Straits) Education Rate levied by Central and
paid to Education Board (Straits).
1909
1909
Fresh taxation until such time as revenue derived therefrom should exceed loss on opium revenue (Straits). Cost of preventive service instituted
owing to Government opium policy.
1911
1911
1916
1921