CO129-556-10 Defence contribution- legislation and correspondence 2-12-1935 - 15-12-1936 — Page 29

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HONG KONG.

No. 43 of 1935.

I assent.

W. T. SOUTHORN,

L.S.

Officer Administering the Government.

29th November, 1935.

An Ordinance to amend the Defence Contribution Ordinance,

1901.

[29th November, 1935.]

BE it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-

1. This Ordinance may be cited as the Defence Contribu- Short title. tion Amendment Ordinance, 1935.

2. Sections 2 and 3 of the Defence Contribution Ordi- Substitu nance, 1901, are repealed and the following sections are substituted:

2. A sum equivalent to twenty per centum of the Colonial Revenues shall be appropriated yearly to the Imperial Govern- ment as a contribution to the defence of the Colony.

tion for

Ordinance No. 1 of 1901, ss. 2 and 3.

Yearly Contribution

for defence of Colony.

Revenues,

3.-(1) The Colonial Revenues for the purposes of this Definition Ordinance shall include, subject to the provisions of sub- of colonial sections (2), (3) and (4), the gross receipts by the Colony from all sources of revenue.

(2) The following sources of revenue shall be excluded (i) the proceeds of land sales and premia on leases or statutory land grants.

(ii) revenue received from condemned stores.

(iii) contributions received from the Chinese Government for the maintenance of Gap Rock Lighthouse.

(iv) contributions received for anti-piracy escorts.

(v) over payments recovered in respect of previous years.

(vi) sums transferred to revenue under Colonial Regula- tion 275 in respect of the appreciation of investments repre- senting merely book profits.

(vii) profits arising from the appreciation of investments when realised.

(viii) moneys receivable from officers and specially exempted by any Ordinance for Widows and Orphans Pensions from contribution under this Ordinance.

Exclusion

of certain

revenues.

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