CO129-539-8 Military contributions- basis of assessment 25-4-1932 - 27-2-1934 — Page 66

DEAFT.

INTED

COLONIAL OFFICE

FOR USE

1150

OF

Sto

THE UNDER SECRETARY OF STATE,

WAR OFFICE.

946 12.10

anso 16.

Sir,

13

G6

Downing Street,

14

October, 1932.

LFF to Ty

H.

Kong

12

I am directed by Secretary

Sir Philip Cunliffe-Lister to refer to

to the letter from this Department

No. 92622/32 of the 19th of August on

the assessment of revenue for military

contribution in Hong Kong.

2.

In paragraph 11 of that letter

reference is made to the question of

the assessment of the profits arising

from the appreciation of securities held

by the Hong Kong Government. This

matter has been further discussed semi-

officially with representatives of the

War Office. It is understood that

the position of the Army Council is

as follows. They do not claim military

contribution on any sums transferred to

revenue