1984 Ed.]
Cross-Harbour Tunnel
[CAP. 203
9
(b) the gross value, as determined by the Financial Secretary, of any assets, services or facilities received by the Company in lieu of any part of such total gross sums;
"quarter" means the 3 months commencing on the first day of January, the first day of April, the first day of July, or the first day of October in any year.
15. For the purpose of ascertaining the royalty or reduced royalty payable in accordance with section 14, the Company shall permit the Financial Secretary, and any person authorized in writing by him, to inspect at all reasonable times all books of account, vouchers, receipts and all other records of the Company (including all records maintained by the Company in accordance with section 59) and to make extracts from any such documents and to take away any such documents for further examination.
PART III
CONSTRUCTION OF THE TUNNEL
Obligation to construct and start of construction of the tunnel
16. Subject to this Ordinance, the Company shall at its expense construct the tunnel in the tunnel area.
17. (1) The Company shall not commence any works in the tunnel area or the works area before a date to be agreed between the Director and the Company.
(2) The Director shall cause a notice to be published in the Gazette specifying the start of construction.
Preparation and approval of plans, etc.
18. (1) The Company shall, as soon as practicable, submit to the Director plans of the tunnel structure and construction works, together with structural details and calculations relative thereto, making provision and giving specifications for-
(a) a tunnel containing 4 traffic lanes, each of not less than 3.35 m in width and 4.87 m in height along the entire lane; (Amended, L.N. 307/84)
(b) such buildings and other structures within the tunnel area as are necessary for the efficient exercise of the grant:
(c) any space within the tunnel structure reserved for the installation of electric, telephone and other cables in accordance with section 45;
(d) such other information as may be required by the Director.
Powers of Financial Secretary in relation to royalty.
Tunnel to be constructed at Company's expense.
Start of construction.
Company to submit plans, structural details and calculations.
Page 10
Page 11
1984 Ed.]
Cross-Harbour Tunnel
[CAP. 203
9
(b) the gross value, as determined by the Financial Secretary, of any assets, services or facilities received by the Company in lieu of any part of such total gross sums;
"quarter" means the 3 months commencing on the first day of January, the first day of April, the first day of July, or the first day of October in any year.
15. For the purpose of ascertaining the royalty or reduced royalty payable in accordance with section 14, the Company shall permit the Financial Secretary, and any person authorized in writing by him, to inspect at all reasonable times all books of account, vouchers, receipts and all other records of the Company (including all records maintained by the Company in accordance with section 59) and to make extracts from any such documents and to take away any such documents for further examination.
PART III
CONSTRUCTION OF THE TUNNEL
Obligation to construct and start of construction of the tunnel
16. Subject to this Ordinance, the Company shall at its expense construct the tunnel in the tunnel area.
17. (1) The Company shall not commence any works in the tunnel area or the works area before a date to be agreed between the Director and the Company.
(2) The Director shall cause a notice to be published in the Gazette specifying the start of construction.
Preparation and approval of plans, etc.
18. (1) The Company shall, as soon as practicable, submit to the Director plans of the tunnel structure and construction works, together with structural details and calculations relative thereto. making provision and giving specifications for-
(a) a tunnel containing 4 traffic lanes, each of not less than 3.35 m in width and 4.87 m in height along the entire lane; (Amended, L.N. 307/84)
(b) such buildings and other structures within the tunnel area as are necessary for the efficient exercise of the grant:
(c) any space within the tunnel structure reserved for the installation of electric, telephone and other cables in accordance with section 45;
(d) such other information as may be required by the Director.
Powers of Financial Secretary in relation to royalty.
Tunnel to be constructed at Company's expense.
Start of construction.
Company to submit plans. structural details and calculations.
Page 10Page 11
No comments yet.
Private notes are available after approval.