193032-1932-Supplementary-Tenders-invited-for-Road-Passenger-Transport — Page 4

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(4) No alteration or change of the fares to be demanded or taken by the licensee shall affect the percentage of the gross receipts or give rise to any claim by the licensee.

(5) The percentage to be paid on the gross receipts shall not be varied or affected by any variation in the rates of Customs duties or the imposition of any new duties upon petrol or other light oil or spirit or any other thing used as fuel or any oil used in connec- tion with the service affected by any licence or by any requirement for increase, extension, curtailment, alteration or variation of the routes. sections or stopping places of the service affected by any licence unless the Governor in Council in his discretion shall see fit to allow a reduction.

14. The licensee shall keep the following records in respect of every service, namely:-

(1) number of motor vehicles running:

(2) number of daily journeys and mileage run by each vehicle;

(3) number of passengers carried by each vehicle for each journey; and

(4) details of receipts in respect of each section and route;

and shall permit the Governor or any person authorised by him to inspect all such records. and also all accounts kept by the licensee in connexion with every service and all stocks of tickets, and the licensee shali afford all such facilities for such inspection as may from time to time be required.

The licensee shall, from time to time and as and when the same may be required, de- liver to the Colonial Treasurer accounts and balance sheets, audited and certified by a char- tered accountant or accountants approved by the Governor in Council showing the takings of the licensee.

15. The acceptance by the Colonial Treasurer of any payment tendered by the licensee shall in no way debar or preclude any claim to a further sum or to any adjustment appear- ing to be due or necessary or required upon the examination or final acceptance of the licensee's accounts or any of them by the Colonial Treasurer.

Deposit by Tenderers.

16. (1) Every tenderer must deposit with the Colonial Treasurer the sum of $1,000 and the deposit receipt must be attached to the tender when this is forwarded to the Colonial Secretary.

(2) The deposit made by an unsuccessful tenderer will be returned after notice of non-acceptance shall have been posted to him.

(3) In the case of a successful tender, the deposit will not be returned until the tender- er shall have made with the Colonial Treasurer such deposit as security for the compliance by the licensee with his obligations as hereinafter mentioned.

Security.

17. (1) The deposit as security for compliance by the licensee with his obligations shall be made with the Colonial Treasurer by the successful tenderer within fourteen days after the service on the successful tenderer of a notice of acceptance of his tender.

(2) The amount of the deposit shall be

(a) In the case of a successful tender for a service for the whole of the Colony,

$50,000

(b) In the case of a successful tender for a service for the whole of the Island of

Hong Kong, $20,000

(c) In the case of a successful tender for a service for the whole of the Kowloon

Peninsula, including the New Territories, $30,000.