Revenue.
56. The total amount of revenue received for the period from 1st April, 1947, to 31st March, 1948, as compared with the preceding year was:-
1946/1947 1947/1948 Premia $190,867.80 $9,109,031.92 Boundary Stones and Survey Fees 240.00 2,215.00 Permits, Fees from 317,894.27 456,634.43 Plans sold to the public 156.00 4,520.50 Miscellaneous 175.00 - Total $509,333.07 $9,572,401.85**NOTE: --This amount includes a sum of $40,224.36 collected by the District Officer, New Territories.
Crown Lands.
57. Land Sales, Extensions, Grants, etc:-The total amount of premia paid into the Treasury by the Crown Lands Office during the financial year under this heading only, amounted to $9,109,051.92. Fees for Survey and Boundary Stones amounted to $2,055.00.
58. Sales by Public Auction and on other terms:-These are included in Table A at the end of this report. The principal sales during the year were (a) Hong Kong:-one lot of 14,890 square feet to the Bank of China and (b) New Kowloon:-two lots of a total of 1,969,000 square feet to The Asiatic Petroleum Company. The realized premia were $3,745,000.00 and $3,200,000.00 respectively.
59. Five applications for extension of terms of leases in Hong Kong Island were dealt with during the financial year, the premia collected amounting to $4,178.00.
60. Permits to occupy land for short periods:-These were of a very miscellaneous character and are too numerous to detail. In Hong Kong, Kowloon and New Kowloon, 964 new permits were issued and 340 were cancelled for various reasons. The total number of permits in force was 2,292; the fees collected amounted to $435,522.33. In the New Territories, permit fees collected amounted to $21,112.10.
61. Prospecting and Mining Licences:-No prospecting or mining licences were issued during the financial year.
62. Drawing Office:-The average number of staff employed was 1 chief Draughtsman and 17 Chinese Draughtsmen.
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Revenue.
56. The total amount of revenue received for the period from 1st April, 1947, to 31st March, 1948, as compared with the preceding year was:-
1946/1947
Premia
$190,867.80
1947/1948 $9,109,031.92
Boundary Stones and
Survey Fees
240.00
2,215.00
Permits, Fees from
317,894.27
456,634.43
Plans sold to the public
156.00
4,520.50
Miscellaneous
175.00
Total
$509,333.07
$9,572,401.85*
*NOTE: --This amount includes a sum of $40,224.36 collected by
the District Officer, New Territories.
Crown Lands.
57. Land Sales, Extensions, Grants, etc:-The total amount of premia paid into the Treasury by the Crown Lands Office during the financial year under this heading only, amounted to $9,109,051.92. Fees for Survey and Boundary Stones amounted to $2,055.00.
58. Sales by Public Auction and on other terms:-These are included in Table A at the end of this report. The principal sales during the year were (a) Hong Kong:-one lot of 14,890 square feet to the Bank of China and (b) New Kowloon:-two lots of a total of 1,969,000 square feet to The Asiatic Petroleum Company. The realized premia were $3,745,000.00 and $3,200,000.00 respectively.
59. Five applications for extension of terms of leases in Hong Kong Island were dealt with during the financial year, the premia collected amounting to $4,178.00.
60. Permits to occupy land for short periods:-These were of a very miscellaneous character and are too numerous to detail. In Hong Kong, Kowloon and New Kowloon, 964 new permits were issued and 340 were cancelled for various reasons. The total number of permits in force was 2,292; the fees collected amounted to $435,522.33. In the New Territories, permit fees collected amounted to $21,112.10.
61. Prospecting and Mining Licences:-No prospecting or mining licences were issued during the financial year.
62. Drawing Office:-The average number of staff employed was 1 chief Draughtsman and 17 Chinese Draughtsmen.
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