1923 — Page 48

46

(A 48 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislatire or other Authority under which levied

OTHER MISCELLANEOUS RECEIPTS,—Continued.

Royalties,

Wireless Telegraphy Licences,

.$25.00 each per annum.

Wireless Telegraphy Ordinance 1913.

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 amomuting to five per cent, per annum of the profits of the Company,

(6.) 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 horrowed for the purposes of the Company.

Unclaimed Balances,—

Juddivisible residue and unclaimed dividends, and Interest on funds in Conrt

transferred to the General Revenue of the Colony.

Widows' and Orphans' Pensions Contributions,

Section 47 of Ordinance

10 of 1902,

Ordinance 1 of 1895.

Ordinance 15 of 1908.

LAND SALES.

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