CO129-616-2 Hong Kong War Memorial Fund (Amendment) Ordinance 1948 6-2-1948 - 16-11-1948 — Page 42

applications for relief had practically

eased apart for

some

from the New

Territories

and

from people

who

became entitled to claim

result

of

the

amendment to the

Frost Schedule.

this nature

in a

fund of

gradually

duninish

Naturally

since the annual

commitment will

and eventually

dis appear, it is

proper that there should be

cowerponding rumming

capital of the fund

does

its

not in the end

down

a

of the

so that it

out-livi

purpose. Assuming this to

be the policy of the Fund

Committee

unless the annual

commitment has riser very innsiderat

snice the same

considerably

૧૪

the some of the I not Reportat

the resources

seem

に

-be

available adequate for a

would

considerable number of years.

de annual

E.q. if the

$200,

στο

money

18

years

cand

commitment

were

there would be sufficient

in the

the fund

fund to last over

even assuming

cununishment of the commitment

would

neglecting

accrue

the period

the interest which

t

The Fund over

Moncover

of the Fund is

人

as we see it,

the

first duty

provide

Cadequate

49.