CO129-572-14 Proposed reorganisation of water services 7-4-1938 - 3-4-1939 — Page 84

C. O.

Mr.

94

Mr.

Mr.

Sir H. Moore.

Sir G. Tomlinson.

Sir C. Bottomley.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

DRAFT.

renew aterworks plant, that by the

existing arrangement the charges on such

(would not necessarily unde

Loans could not be deducted from the

Kevenue assessable

foo

military Defence

Contribution.

P Waterwords do

The head fly handfy of a frady clive underesting loveded

There is also the point that the

1- llaun 3 exemption of the charges on the existing

the Defe

my

affect

Contributin on Joan will alter the calculations made in The 1964011

Appendix

Bl

to your memorandum. In

Appendix 1 you include under the cost of

the Water Supply on the 1937 basis a sum

+

of $ 1,010,800 as interest on Sinking

FURTHER ACTION.

Fund charges on the amount

of

the

Loan

raised. This sum mey, however, be

Colonial

deducted from Revenues before the

assessment of

Prstene Contribution

Contribution, and

as it is shown as a charge on the Water

Department it should surely be deducted

from the Revenue of that Department

before the pay

The

military

Contribution is assessed on the latter.

This

(*2132-150) Wt, 42270-82 15,000 4/38 T.S. 695