Printed for the use of the Colonial Office.
421
|_ PUBLE RECORD OFFICE
19
Reference :-
C.O. 885
8
HOUT PERMISSION OF THE ODUCED PHOTOESPHIC- "GHT PHOTOGRAPH-NOT TO
ECORD OFFICE, LONDON
'Treasury
Miscellaneous
No. 153.
MEMORANDUM
ON THE
INVESTMENT BY COLONIAL OFFICIALS OF THEIR PRIVATE FUNDS.
THIS COUNTRY.
There are no general rules laid down by the
19274/02. Treasury.
Private letter 19274,02.
Letter
No War Department official-whether civil or military-may hold shares in a firm or company which enters into contracts with the Department. This does not apply to railway companies and similar firms "technically within the letter of "this regulation, but outside its spirit." The date is 1887, and the regulation was issued in consequence of suspicious recommendations in favour of Morris tubes.
No such order exists in the Inland Revenue attached to Office, but officers administering excise would not 19274/02.
be allowed to hold shares in a brewery or similar business under his survey. Excise officers are not allowed to engage in trade "directly or indirectly," but this does not seem to exclude
investment.
INDIA.
Covenanted civil servants are prohibited from acquiring or holding land within their own province, except for purposes of residence. Natives of India are, however, allowed to keep lands which were in their possession when entering the service and lands thereafter left by will or given. The rules affecting_uncove- nanted officers are less strict. All officers are expected to abstain from any investment which interests them privately in matters with which their public duty connected, though they may invest in mining, agricultural or other land companies outside their own district. Servants of Government are required to abstain from
speculative" investments.
CE
All officers and candidates are required to make a declaration of possession or acquirement of landed property with full particulars whether by themselves, their wives, or dependent relatives
50 G 398 W194494 2/08 D&B i 18677
(see Order No. VII., pp. 9-12 of "Rules and "Orders regulating the conduct of public servants "in respect to borrowing money, &c., 1899 ”).
The Indian Regulations have been found to work in a satisfactory manner (India Office letter of 29th December, 1902, 53342/02).
PROTECTORATES UNDER THE FOREIGN OFFICE.
Rules similar to those in Ceylon (see below) have been issued in British Central Africa Protectorate.
Treasury
53437/02.