TNAG-0097-FCO40-133-Construction-of-a-Cross-Harbour-Tunnel-1968 — Page 121

CYPHER/CAT A

ROUTINE HONG KONG

TO COMMONWEALTH OFFICE COTD)

TELHORAM NUMBER 1495

6 OCTOBER 1967

Ди кид

69

TOP COPY

не

CONFIDENTIAL

COMPEITHWAITE.

FOLLOWING FOR CARTER FROM COWPHTHWA I TE.

HARBOUR TUNNEL.

AT OUR MEETING TREASURY REPRESENTATIVE ENQUIRED ABOUT RATES

PAYABLE BY THE COMPANY. COMMISSIONER OF RATING HAS TENTATIVELY

FIXED ANNUAL RATEABLE VALUE A'

AT53%

3% OF ROYALTIES. AT PRESENT

17% RATE THIS MEANS THAT 9% OF ROYALTIES WOULD BE PAYABLE

IN RATES. THIS ASSESSMENT REMAINS OPEN TO APPEAL BY COMPANY

GOVERNOR

Lite

Tope)

SENT AT 0908Z 6 OCT 1967

RECD AT 0910Z 6 OCT 1967

на Духа

i Baté

I tou

BAOR

A

Coheed to key (Wawken). a ECED (Fukke)

RECEIVED IN ARCHIVES No. 63

-9 CCT 1967

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