CO129-539-8 Military contributions- basis of assessment 25-4-1932 - 27-2-1934 — Page 49

3.

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time and it is practically impossible to make an exact

list.

Section 4(1). Capital expenditure met from

Revenue. The capital expenditure on the Government Wireless Telegraphy Services defrayed from revenue up to

up and the end of the year 1932 amounts to $618,975, 5% on which is $34,043.62. This figure of $618,975 will, therefore,

an!

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be fixed and the 5 allowance from revenue of $34,043.62

for 1932 will, therefore, be constant. When the capital expenditure for 1933 is known 4 will be calculated on it and added to the constant figure of $34,043.62 and so on for the period of 50 years.

(sd.) Edwin Taylor,

Treasurer ay 1933.

30.5 33

END