22797-1911-Supplementary-Bank-Notes-Circulation-July — Page 1

LEGISLATIVE COUNCIL.

No. S. 199.-The following Bill was read a first time at a Meeting of the Council held on the 3rd August, 1911 :-

Short title

tion.

A BILL

ENTITLED

An Ordinance to yet further amend the Widows'

and Orphans' Pension Ordinance, 1908.

Be it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Commeil thereof, as follows:-

1. This Ordinance may be cited as and construc- and Orphans' Pension Amendment (No. 3) Ordinance,

· The Widows'

1911. and shall be read as one with the Widows' and Orphans' Pension Ordinance, 1908, and the Ordinances amending the same.

Adds a new section to Ordinance No. 15 of 1908.

Provisions of this Ordin-

anee not to

apply to

Auditors and Assistant Auditors unless they desire in.

2. The Widows and Orphans' Pension Ordinance, 1908, as amended by subsequent Ordinances, is hereby further amended by the addition, after section 30 there- of, of the following new section :—

~31. The provisions of this Ordinance shall not apply to any public officer who is an Aud- itor or Assistant Auditor, appointed on the recommendation of the Director of Colonial Audit in London, unless before the 1st day of January, 1912, or unless within six months after the date of his arrival in the Colony he shall have stated in writing to the Trea- surer that he desires the provisions of this Ordinance to apply to him, in which event the said provisions shall apply accord- ingly from the date of the receipt by the Treasurer of the statement in writing."

Objects and Reasons,

This Bill is introduced in consequence of the decision of the Secretary of State that contribution to the Widows and Orphans Pension Scheme should not be compulsory in the case of the Auditor and Assistant Auditors.

C. G. ALABASTER, Attorney General,

NOTICES.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 200.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hongkong, during the month ended 31st July, 1911, as certified by the Managers of the respective Banks :-

:-

BANKS,

AVERAGE AMOUNT.

SPECIE IN RESERVE.

S

6,287,673 4,500,000

15,714,178 9,000,000

TOTAL,

22,001,851 13,500,000

Chartered Bank of India, Australia and China, Hongkong and Shanghai Banking Corporation,