CO129-539-8 Military contributions- basis of assessment 25-4-1932 - 27-2-1934 — Page 35

""In the case

the War Office:

Alternative wording of Bration 34 vide 26 from the case of any productirs undertaking (including the Government Wireless 35 Telegraphy Services) the capital Expenditure

on

which

or may

ov a

part thereof, has bem

be defrinted out

the Revenne

of the

If the Colony, and not by means of

there shall be deducted

a wan

unnally from the gross receipts of undertakings, during

Such

during a period

of 50 consecuture grass from the date of such Expenditure

date

pour

(3) (i), a

1 ΟΥ

if later, the

which the

undertaking is Reoguised for the purpose of subsection

sum calculated at the rate of 4 per cuntur on such capital imperative mcured prior to 1915, at the rate of 5/1⁄2 per conturus in respect of such rappenschure incurred during the period 1915 to 1932,

pass inclusive, and at the rate of

1 both

4 per centur

which has been or

or may

h

respect of such Expenditure

incuoord from 1933 onwards. The percentage required for appropriation under Section 2 shall be struck on the net receipts, if any, of the un

the undertaking after making the said deductions."