in Storing Gardens
Hongkong
Regrets listhe
2. Lord Grenve, is
unable to accept the
view that the
capitalized value of the Crown rent should
be credited to the War
Dept. The lease was purchased by that Dept and presumably the price asked by
the vendor
was
affected by
the fact
that
the land was liable
to a
annual charge of
(for not
£150 a year is the
War Dept paid less
for
it
than if
the
vendor had not had to
pay the rent. Similarly
when the land is sold
by the War Dept, the purchaser will have to pay the rent and will therefore offer
less for the lease than he would otherwise be willing
to pay.
There does not
therefore appear to be
any reason
why
the Colonial
Office
in
addition to
losing the net Surplus
during
the occupation of the land by the War Dept, should be debited with the capitalized value
of
the rent when the
land is
again
sold.
in Storing Gardens
Stongkong
Regrets listhe
медие
2. Lord Greuve, is
unable to accept take
the view that the
capitalized value of the Crown rent should
br crates to the Warr
Dept. The lease was purchased by that Dept and presumably the price asked by
the vendor
by
the fact
wa
affected
that
the land was liable
to a
Aach charge of
(for nut
£150 a year is the
War Dept paid less
for
다
than if
the
vendor had not had to
pay the rent. Sumilarly
when the land is solo.
by the War Dept, the purchaser will have to pay the rout aus 162 will therefore offer
less for the lease than he wouls otherwise be willing
to pay.
where Soes not
therefor appear to be
why
mag
any the Colonial
Pos in
addition to
losing the nut Suring
the occupation of the land by the War Dept, should be debited with the capitalized value
of
the nut when the
land is
agam
RLA
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