1924 — Page 48

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Page 46

A46

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied

Miscellaneous Receipts—Continued

Royalties

Wireless Telegraphy Licences: $25.00 each per annum.

Authority: 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 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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Page 46 A46 SPECIFICATION OF TAXES, DUTIES, &c. Act of Colonial Legislature or other Authority under which levied Miscellaneous Receipts—Continued Royalties Wireless Telegraphy Licences: $25.00 each per annum. Authority: 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 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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46 челник (A 46 ) SPECIFICATION OF TAXES, DUTIES, &c. Act of Colouini Legislature or other Authority under which levied Oruer 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 10 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, 1989) 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 Contributious, Section 47 of Ordinenço 10 of 1902. Ordinance 1 of 1885. Ordinance 15 of 1908. LAND SALES. Premia on Sales at Publie Anctions held in accordance with Notifications.
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46

челник

(A 46 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colouini Legislature or other Authority under which levied

Oruer 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 10 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, 1989) 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 Contributious,

Section 47 of Ordinenço

10 of 1902.

Ordinance 1 of 1885.

Ordinance 15 of 1908.

LAND SALES.

Premia on Sales at Publie Anctions held in accordance with Notifications.

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