THE HONGKONG GOVERNMENT GAZETTE, 5TH DECEMBER, 1896. 1101
REPORT OF THE FINANCE COMMITTEE.-The Colonial Secretary, by command of His Excellency the Governor, laid on the table the report of the Finance Committee dated the 5th August, 1896, (No. 4), and moved its adoption.
The Acting Colonial Treasurer seconded. Question-put and agreed to.
ADJOURNMENT.-The Council then adjourned sine die.
Read and confirmed this 3rd day of December, 1896.
F. J. BADELEY,
Acting Clerk of Councils.
WILLIAM ROBINSON,
Governor.
GOVERNMENT NOTIFICATION.—No. 459.
The following Bills, which were read a first time at a Meeting of the Legislative Council held this- day, are published.
Council Chamber, Hongkong, 3rd December, 1896.
A, BILL
ENTITLED
An Ordinance to appropriate a Percentage of
seventeen and a half per centum of the Colo- nial Revenues as a contribution for the Defence of the Colony.
BE
E it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof,
as follows
1. This Ordinance may be cited as The Defence Con- tribution Ordinance, 1896.
2. A sum equivalent to seventeen and a half per centum of the Colonial Revenues shall be appropriated yearly, com- mencing with the Colonial Revenues for the year 1895, to the Imperial Government as a contribution for the defence of the Colony.
3. The Colonial Revenues for the purposes of this Ordi- nance shall include the gross receipts by the Colony from all sources of revenue but shall not include the proceeds of land sales and premia on leases.
4. In the first instance the said percentage shall be cal- culated on the estimated revenue of the year and shall be paid at that rate, subject, however, to revision and adjust- ment in the manner following, that is to say :-
(1) After the close of any year for which payment shall have been made according to this Ordinance when the actual revenue shall have been ascer- tained if there shall prove to have been an excess of receipts over the estimate a further payment of seventeen and a half per centum of such excess receipts shall be made.
(2) If there shall prove to have been a deficiency of receipts compared with the estimate a deduction equivalent to seventeen and a half per centum of such deficiency shall be made from the next pay- ment or payments due for the defence contribu- tion.
5. The said percentage shall be deemed to be a fixed contribution payable by the Colony in full return for the annual cost of the Imperial garrison including the cost of maintenance of all military works and buildings but not including any capital expenditure required for military lands and buildings; provided that in no year shall the sum paid by way of percentage exceed the cost of the garrison for that year.
F. J. BADELEY, Acting Clerk of Councils.
Short title. (Straits Settle- ments, No. IV. of 1896, s. 1.)
Yearly appro- priation for defence of Colony. (Ibid, s. 3.)
Definition of "Colonial Revenues." (Zbid, a. 3.)
Percentage how calcul- nted. (Ibid, B. 4.)
What expenses are included in percentage. (Ibid, s. 3.)
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