CO129-532-1 Basis of assessment for military contributions 9-12-1930 - 29-3-1932 — Page 50

49

productive unntakings,

capital expenditure/met from revenue

since 1915.

in

It is proposed that the

allowance on capital expenditure at the

new rate should be made for a period

of 50 years from 1932. in the event

of the wireless telegraphy undertaking

of the Hong Kong Government being

any

other Gody

transferred to a private comparg

No adjustment of this

allowance of be necessary will

before the expiration of that period, unless one of the terms of to ans for is the

his P. Cunliffe Listes

as has no doubt that the

Army Council will be prepared to

payment to

tu H.K. Goot of a lump sum

in utura

for the

stations.

consider an equitable arrangement to adjust the allowance to the nor

ensure tpprenti conditions.

No such Sayment

We must

what safeguard this

in views of negotiations with 99

J.C. If H.K. gets a renta royalty,

the st album

can be deducted for that.

is at pre- per

-sint im-

as

Le

wasi mounen the

H.K. has had

Y

CARRAL

и

"gross receipts"

-templated us all a since 1915, o but if one

ort, tearing is made

allowance for this

There

Conde wat deduct it wi

Oxponituro nag been made it

Use of Government Kotor Vans.

bis P. Cunliffe Lister.

broms is satisfied that this kr:

is an undertaking outside the normal

Juruse

as

>

proposed

ہے

functions

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