542
The Engineer in charge of the Praya reclamation, has asked the following questions regarding the instructions contained in the fifth paragraph thereof, respecting the interest account of the reclamation fund:
(1) Is the interest accruing on the available portions of the first instalment paid by the Lot-holders, to be credited to them, from the date of payment until the work on the section, or portion of the section, as the case may be, is commenced?
(2) That on and after the commencement of the work on a section or a portion of a section, any interest on the balance of the first, or subsequent instalments will be transferred to the Colonial Treasury, and become the absolute property of the Government?
542
in
Engineer
in charge of the- Praya reels mation, has asked the following questions regard to the instructions contained in the fifth para. graph there of, respecting the interest account of the reola_ mation fund-
(1) Is the interest accruing
On
the available portions of the first instalment_ paid by the Lot-holders, to be credited to them, from the date of payment until
the
the work on
the section, or
portion of the section, as
the case may
menced?.
be is com-
(2) That on and after
Idon't ace
the
com.
ncement of the work
on a section or a
portion
of a
a Section
any
interest
on
Ода
the balance of the
of the first,
subsequent instalments will be transferred to the
why it the Colonial Treasury, and be-
Ever have
been and -
bo come the absolute property.
whee stin
The H
The treouses
"of the Government ?.
է
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