1923_DEFENCE_CONTRIBUTION_ORDINANCE__1901 — Page 1

SUPREME

HONG

COURT

LIBRARY

"

KONG

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THE

ORDINANCES OF HONGKONG.

-1901.

No. 1 of 1901.

An Ordinance to settle the Defence Contribution of the [Originally

Colony.

[8th February, 1901.]

No. 1 of 1901.

Law Rev. Ord., 1924.]

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1. This Ordinance may be cited as the Defence Contribu- Short title, tion Ordinance, 1901.

2. The Colonial revenues, for the purposes of this Ordi- Definition of nance, shall include the gross receipts, from all sources of Colonial revenue, but shall not include the proceeds of land sales and premia on leases or statutory land grants.

revenues.

3. A sum equivalent to twenty per cent. of the Colonial Annual revenues shall be appropriated yearly to the Imperial Govern appropriation ment as a contribution for the defence of the Colony :

for defence of 'the Colony.

Provided that the charges for working expenses and main- Not receipts tenance of the British Section of the Kowloon Canton Railway of certain and of any railways, telephones or other productive under- only to be

undertakings takings of a similar character which may hereafter be taken. established and for interest and sinking fund on any sums. raised by loan and utilized for the construction of such railways, telephones or undertakings shall be deducted from the gross receipts of such railways, telephones or undertaking's respectively, and the percentage struck on the net receipts only if any in each case:

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As amended by Law Rov. Ord., 1924.

The effect of this section is somewhat modified by the provisos to section 3 and by subsequent enactments such as No. 15 of 1908, s. 5, and No. 41 of 1912, 8,9 (8).

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