CAP. 107]
[s. 43 cont.]
Fares for passengers. -
32 of 1946, s 3.
Alteration of
the rates of
fares.
Tramway.
(a) from and after the 22nd day of September, 1914, for the period of twenty-five years-five per cent per annum of the profits;
(b) from and after the 22nd day of September, 1939, and for so long as the company exercises its said rights, powers and authorities-twenty-five per cent per annum of the profits.
For the purposes of this section profits shall be the gross takings of the company less working expenses, and such working expenses shall not be deemed to include any interest or dividends upon any moneys borrowed for the purposes of the company.
(2) Any person appointed by the Government as auditor for the purpose may at all reasonable times inspect the books, papers and vouchers of the company and take notes therefrom.
(3) In the event of any dispute arising between the Government and the company as to what is, for the purposes of this section, the correct amount of the profits of the company any particular year, such amount shall be determined upon a special case.
[47]
Fares.
44. (1) The company may demand and take for every passenger travelling upon the tramway or any portion thereof fares not exceeding the following rates--
From any point on the tramway to the terminus indicated on the car.
First class-twenty cents, Third class-ten cents.
(2) A list printed in the English and Chinese languages of all the fares for the time being authorized to be taken shall be exhibited in a conspicuous place at the offices of the company, and inside every car used upon the tramway: Provided that if there be any variation between the English and Chinese prints of the said list, the English print thereof shall prevail.
[48]
45. (1) Subject to the consent of the Governor in Council it shall be lawful for the company to alter the rates
32 of 1946, s. 4.
of fares for the time being authorized in respect of the whole or any portion of the tramway.
204
CAP. 107]
[s. 43 cont.]
Fares for passengers. -
32 of 1946, s 3.
Alteration of
•
the rates of
fares.
Tramway.
(a) from and after the 22nd day of September, 1914, for the period of twenty-five years-five per cent per annum of the profits;
(b) from and after the 22nd day of September, 1939, and for so long as the company exercises its said rights, powers and authorities-twenty-five per cent per annum of the profits.
For the purposes of this section profits shall be the gross takings of the company less working expenses, and such working expenses shall not be deemed to include any interest or dividends upon any moneys borrowed for the purposes of the company.
(2) Any person appointed by the Government as auditor for the purpose may at all reasonable times inspect the books, papers and vouchers of the company and take notes therefrom.
(3) In the event of any dispute arising between the Government and the company as to what is, for the purposes of this section, the correct amount of the profits of the company any particular year, such amount shall be determined upon a special case.
[47]
Fares.
44. (1) The company may demand and take for every passenger travelling upon the tramway or any portion thereof fares not exceeding the following rates--
From any point on the tramway to the terminus indicated on the car.
}
First class-twenty cents, Third class-ten cents.
(2) A list printed in the English and Chinese languages of all the fares for the time being authorized to be taken shall be exhibited in a conspicuous place at the offices of the company, and inside every car used upon the tramway: Provided that if there be any variation between the English and Chinese prints of the said list, the English print thereof shall prevail.
[48]
45. (1) Subject to the consent of the Governor in Council it shall be lawful for the company to alter the rates
32 of 1946, 8. 4. of fares for the time being authorized in respect of the whole
or any portion of the tramway.
204
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