CO129-625-3 Hong Kong University- rehabilitation (1950) 1-1-1950 - 31-1-1951 — Page 59

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4.

and Consultant Architect to the

University, and member of the Council of the R.I.B.A.

In addition to this Committee; the University has on its Staff a full-time Inspector of Works for the more effective supervision and execution of contracts.

be

It is hoped that with this information the Secretary of State may agree that the present arrangements whereby our accounts are examined by a firm of Chartered Accountants, applied to the Colonial Development and Welfare grant provided that the annual statement of account for this grant is submitted in a form agreeable to the Director General of Audit for his certification.

5.

It is noted that the method of payment of the £250,000 made under the 1948 financial settlement must continue to take the form of a grant-in-aid to the Hong Kong Government, and be subject to audit by the Director of Audit and the Director General of Audit.

I have the honour to be,

Sir,

Your obedient servant,

LTR:VMW

sgd: L.T. Ride,

Vice-Chancellor.