CO129-593-4 Rehabilitation of Hong Kong University. For extracted photographs see CN 3-45 27-10-1946 - 30-1-1947 — Page 21

Addititional Annual Expenditure to be is

therefore estimated at

Pereirion

i.e. Total Expenditure to be met from

Government sources

21

£83,500

£113,500

2. It is proposed that the Capital Expenditure required should be met as follows:

From U.K. funds other than

C. D. and W.

Allocation under Colonial,

Development and Welfare Act

outside the sum provisionally allocated to Hong Kong

£500,000

200,000

16,000

£716,000

Hong Kong Government revenue

It is proposed that the Recurrent Expenditure

required should be met as follows:

Contribution from U. K. funds of

rising to

£30,000

£45,000

by £2,500 per annum over a

six year period.

Contribution from Hong Kong

Government funds of

£30,000

rising to

£68,500

£113,500

It is suggested that the expected proportions

of Colonial Dominion and Foreign students

would justify the rising contribution from U.K.

funds which might possibly include some

subventions from the Dominions. The Vice-

Chancellor has supplied figures to show

the nationality and domicile of students

over the period 1928 1941. The average of

-

these figures is as follows:

/From