STATEMENT 8
STATEMENT OF OUTSTANDING LOANS MADE FROM REVENUE AS AT 31ST MARCH, 1976
Details
Authority
Rate of Interest
Approved Loan
Issued to 31.3.75
Issued from 1.4.75 to 31.3.76
Total issued
to 31.3.76
Discharged to 31.3.75
Discharged from 1.4.75 to 31.3.76
Balances of Loans
Terms of Repayments
Total Discharged to 31.3.76
Outstanding
$
$
St. John's Lutheran Mission School
Sect. CR 17/2041/61)
of 4.1.63
Free
35,000.00
35.000.00
35,000.00
31,500.00
3,500.00
35,000.00
Villagers in New
Sect. BL 2/5281/49
Free
313,061.00
274,971.30
274,971.30
270,267.42
1,175.97
271,443.39
Territories (Removal
of old villages in Tsuen Wan)
of 18.2.64, 29.5.64 & 10.12.66
Ming Yuen Catholic
School
Sect. CR 17/2041/61)
Free
276,500.00
276,500.00
276,500.00
247,744.00
14,378,00
262,122.00
of 3.10.64
Repayable in 11 annual instalments, the first two each to be 5% of the total loan and the remaining 9 each to be 10% of the total loan, commencing 15th September, 1965.
3,527.91 Repayable in 10 equal annual instal-
ments commencing 6th June, 1969.
14,378.00 Repayable in 11 annual instalments, the first two each to be 5% of the total loan and the remaining 9 each to be 10% of the total loan, commencing 10th October. 1966. The waiver of $79,632.00 in 1972 reduces the last six repayment instalments to $14,378 each.
Advances to Tenants of Condemned Buildings:
(i) Domestic
(ii) Non-domestic
Sect. TC 189/64 of
22.10.64
Free
Sect. BL 10/741/70
of 29.6.72
8%
10,618,129.00
289,210.00
88,880.00 10,707,009.00; 10,394,689.00 237,480.00 10,632,169.00
10,000.00 299,210.00 240,960.00
38,280,00 279,240.00
74,840.00
19,970.00
Repayable from the final awards of
compensation.
Interest-free loans to
teachers in training
Sect. GR 8/2041/65
Free
12,550,920.00
1,663,320.00 14,214,240,00 7,376,475.45 1,250,326.00 8,626,801.45
of 27.11.65
New Territories Oyster Sect. CR 6/3181/51
Farmers
of 2.5.67 & 6.2.69
Free on loans less than $1,000 & 3% on loans Imore than
114,000,00
114,000.00
114,000,00
6,620.00
6,620.00
Hong Kong Tramways Sect. BL 19/4616/67)
Ltd.
of 13.9.69
51,000 up to 1st! July, 1975
5,587,438.55 Repayable by not more than 48 monthly instalments to commence in the second month of employment after graduation or 12 months after graduation, which- ever is earlier. Special terms apply if the conditions on which the course was granted are not fulfilled.
107,380.00 Outstanding loans including interest re- payable in monthly instalments be. tween 12 and 36 months according to the amount owed.
Free
619,000.00
619,000,00
619,000,00
309,500.00
61,900.00
371,400.00
247,600.00 Repayable in 10 equal annual instalments
commencing 1st January, 1971.
Queen Maud Primary
School (formerly known as Hsin Yi Primary School)
Sect. CR 17/2041/61)
of 28.11.69
Free
308,190.00 308,190.00
308,190.00
61,638.00
30,819,00
92.457.00
The Cross-Harbour
Tunnel Co. Ltd.
Preventive Service
(Senior officers) Mess
Finance Committee
meetings of 7.1.70
7%
12,000,000.00 12,000,000.00
12,000,000.00
& 19.8.70 Sect. ECON 2/5321/66 of 24.8.70
Sect. BL 1/4620/66
of 11.5.70
5%
72,000.00
72,000,00
• Note:
215,733.00 Repayable in 11 annual instalments, the first two each to be 5% of the total loan and the remaining 9 each to be 10% of the total loan, commencing 23rd July, 1972,
12,000,000.00 Repayable in 2 equal instalments, the first to be paid not later than 1st December, 1981 and the second to be paid not later than 1st December, 1983.
72,000.00
57,600.00
14,400.00
72,000.00
Repayable by 5 equal annual instalments
commencing 6th May, 1971,
13,737,751.00 37,157,920.30| 1,762,200.00 38,920,120.30 18,996,993.87
1,652,258.97 20,649,252.84
18,270,867,46
The overall amount of this loan has not been fixed; provision in the Estimates governs the total issues in the year.
116
STATEMENT 9Page 166
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