CO129-431 - Governor Sir May - 1916 [1-2] — Page 193

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REGY 20 JAN 16

Paraphrase of Telegram from the Governor of Hong Kong to the

Secretary of State for the Colonies.

(Received Colonial Office 5.9 p.m. 19th January, 1916)

In connexion with issue of 5%

Elexchequer

bonds free of income tax to foreign residente I would

suggest that bonds to the extent of £59000 in de-

nominations of £100, £50, £25, £10 should be forwarded

to this Government for issus to applicants here and

in South China through the Hong Kong and Shan hai

Bank. Please state whether British residents in

Hong Kong and China but legally domiciled in Great

Britain can take up bonds free of tax and what form

of registration is necessary in order ensure the

payment of interest free of income tax.

MAY.