CO129-606-5 Hong Kong Loan- Financial settlement 2-3-1948 - 4-10-1948 — Page 99

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

14

Extract from Minutes of:

Encl. 2.

9

LEGISLATIVE COUNCIL

Meeting of Wednesday, 26th May, 1948.

5.

Questions.

The Honourable Leo d'Almada, K. C., pursuant to notice, asked the following question :

With reference to the recent announcement of H. M. G. in regard to the payment of War Losses, will Government answer the following questions

1. How does Government propose to make use of the "free grant of £1,000,000 to assist the Colony in resolving problems arising out of expenditure connected with the War"?

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3.

On the assumption that the proposals contained in such amounce ment are to be accepted by Government, is the Colony under any outstanding liability of any kind in respect of any matter arising out of the War?

If the answer to the preceding question is in the affirmative, will Government state the mature and extent of such liability, with particular regard to:

(a) Salaries in respect of the occupation period of Government

servants who were not interned: and

(b) "Denial" claims on the part of the public.

The Acting Financial Secretary replied as follows:

See (05) +(67)

1.

The grant will have to be taken into general revenue in accordance with the established accounting procedure.

2. & 3. The following are the known outstanding liabilities in round

figures:-

a) Volunteer pay and pensions..

(c)

Repatriation passages for non-officials. Payments to Civil Defence Workers. Relief payments and advances made in Australia, Macao and Free China.

(e) Reinstatement of Note Security Funds

liquidated by the enemy...

(f) Salaries for non-inte med officers during

the occupation period.

(g) Small craft supplied by the Ministry of

Transport....

(h) Accounts outstanding in respect of the operation of the Shipping Control Board 1940-41..

(i) Claims in respect of requisitioned

material..

.85,750,000 .$ 1,525,000 $5,686,000

.$ 8,222,000

.$ 10,360,000

$ 9,500,000

.$ 3,187,000

..$ 3,500,000

Total:

$25.000.000

$72,730,000

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