CO129-489 - Governor Sir Stubbs & Sir Clementi - 1925 [8-12] — Page 342

COPY

Colonial Office to Exchequer and Audit Department.

No.11667/1910.

Sir.

339

29 th April, 1910.

With reference to your letter (No.1094) of

the 16th of September last, I am directed by the

Earl of Crewe to transmit to you the accompanying

copy of correspondence with the Treasury, respecting

the method in which refunds of revenue should be

dealt with in the Hongkong accounts.

2. The Governor has been informed that, as

from the 1st of January, 1910, such refunds should

be deducted from the previously recorded receipts

and only the net amount received should be shown

as Revenue,

3. You will observe that the Lords Commissioners

of the Treasury have accepted Lord Crewe's interpreta-

tion of the expression "gross receipts" in Ordinance

No.1 of 1901.

The Comptroller and

Auditor General.

I am, etc..

(Signed)

H.BERTRAM COX.