the cost in met
available loan funds (2) where
it is met from funds to be one reimbursed onbrequently fun loan. It
provide for the intermediak
now wisen, in which the
No.
733.
In any further correspondence on this subject, the above number should be quoted,
and
does not
Care
which has
the communication should be addressed to "The Comptroller and Auditor General”
Sir,
in which the expenditure is
met partly fum loan and partly frm other
funds to be reimbursed enbogently
I have with him that the intermedink case
seem
Mr. Stephenson and
pleas the
адна
shent
properly
br dealt with under the
年
second half of
CR 252, which should in fact
"If sufficient loan fund
covailable and the expenditure
whole or in part etc
ane
not immediatly
Lih
is to be met
The deputien might be nabrobed
in.
despuntch to Gor
to Gor with the addition
after the word (custmateri
раз
por 3 of "for
is
we
in line 3.
3 of
any year". This addition
cdenly needed to avoid antinity.
And to make mathes quite clev
should explain that the
Severad
by
Case
is not
CR 252, but should be dealt
with under the scand part of theat
Regulatin
J. me
i
Please abon be Gen Dept, /22/9
to
1. me
So povered
ALC
when wattled, for nothing with the top) a tone M.,
(1390), Wt, 20024-26, 6000, 11/08, A, & E, W.
(8327).
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1081-7. 6000, 4/09.
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76957
J
EXCHEQUER AND AUDIT DEPARTMENT, O.
VICTORIA EMBANKMENT,
21081
LONDON, E.C. RECR
REG 25 JUN 09
24th June, 1909.
You
458
I am directed by the Comptroller and Auditor General
to acknowledge the receipt of your letter No: 16957 of the 12th instant, enclosing a copy of a despatch from the Governor of Hong Kong relating to the method in which Railway Expenditure
should be shown in the Annual Account of the Receipts and Ex-
penditure of the Colony.
2. In reply, I am to acquaint you, for the information
of the Earl of Crewe, that, as was indicated in paragraph b of
his Report on the Annual Account of Hong Kong for 1907, which
was transmitted to you in the letter from this Department, No:
471, of the 23rd April last, the Comptroller and Auditor General
is of opinion that some alteration in the manner in which the expenditure on the construction of the Canton-Kowloon Railway is at present included in the accounts of the Treasurer of Hong
Kong is desirable. He considers, however, that the proposal put forward by the Governor, in his despatch of the 19th April,
does not entirely meet the case for the reason that it contem-
plates that only such portion of the total annual expenditure
as is met out of available balances on the general account of
the Colony, until such time as the necessary funds accrue on the
Loan Account, shall be exhibited in the accounts as the expendi-
ture on the Railway.
In the opinion of the Comptroller and Auditor General the
total amount of the ascertained final expenditure on Railway con-
struction, whether it has been met from Loan funds or whether
it has been provided temporarily from other sources, should be
clearly shown in the monthly and annual accounts, such amount
The Under Secretary of State,
COLONIAL OFFICE.
E. & A. D. Form 1b. 261611--W. & S. Ltd.-31123---2,000—2-08.
being
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