213154-1934-Supplementary-Draft-Bill--Government-House-and-City-Development-Scheme — Page 2

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(2) In carrying out the said scheme it shall be lawful for the Governor to authorise such alteration, amendment or revision of the plan referred to in section 2 (1) (a) as he may consider desirable, and to make the consequential deviations from the said plan.

(3) It shall be lawful for the Governor to suspend, abandon or terminate the scheme at any point at which he considers it advisable so to do.

Scheme.

4. (1) The expenditure required for preparing, Defraying developing and carrying out the said Scheme shall be cost of the authorised and appropriated from time to time by Resolutions of the Legislative Council, subject to the approval of the Secretary of State, and shall be defrayed from a Fund, to be established and kept at the Treasury, into which shall be paid all sums which have been or may be received by the Government in respect of the sale of the City Hall and Beaconsfield Arcade sites as well as all sums to be received from land sales in connexion with the Scheme.

Should the Fund at any time be insufficient for carrying out the Scheme or any portion thereof, advances or appropriations from the general revenues of the Colony shall be authorised by Resolutions of the Legislative Council, subject to the approval of the Secretary of State, in order to make good the deficiency.

(3) When the said Scheme is completed or is abandoned or otherwise terminated, any balance there may be standing to the credit of the Fund shall be appropriated by the Treasurer to the general revenue of the Colony under the heading or classification of Land Sales.

Governor's

5. A certificate under the hand of the Colonial Secretary Evidence of shall be conclusive evidence for all purposes whatsoever of decision or any decision or opinion of the Governor under this Ordinance opinion. and of the terms and effect of any such decision or opinion.

T

Objects and Reasons.

1. The Government House and City Development Scheme authorised by this Ordinance is essentially a self- contained unit which will be proceeded with as circumstances permit.

2. The Scheme involves the sale from time to time of building sites which it is anticipated will yield more than sufficient to pay for the entire undertaking, though it may be necessary at certain stages to obtain advances from the revenues of the Colony.

3. To pay into the general revenue of the Colony the large sums which have been or will be received from time to time in connexion with such land sales would result in apparent fluctuations in the normal revenue of the Colony

T11. JLL

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