Page 514 - Bahrain Gov Annual Reports (I)_Neat
P. 514

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                       512
                                 Report on the Re venae for 1353.





                               1.   CueThere has been an increase of
                              approximately half a lac in the revenue col­
                               lected by the customs department which includes,

                              besides customs dues, vehicle, pearling and
                               boat licenses. This increase is explained in
                               the report from the Director of Customs.
                               2.   Oil. Eight instalments of Its 5,7o9/- were

                               received during the year from the Bahrain Petro­
                               leum Company according to the Supplementary
                              Agreement dated Novenb-r 21, 1933.           ins­
                               talments' were paid in 1352. The total pay-

                            ' meat amounted to fcs 75,000/-, of which Ks 50,000/-
                               was recoverable from future royalties. in
                               addition to this sun the government also

                               received Is 20,000/-, not recoverable, being
                               the amount payable according to the minimum
                               royalty clause of the Supplementary agreement.
                               3.   Lease of aerodrome.     This represents the
                               lea¥e of the aananah aerodrome for which two

                               instalments, for 13 months, were paid during
                               the year.
                               4.   With the exception of Judicial receipts,

                               interest oq reserve, and loans recoverable, the
                               revenue from othe^/scurces corresponds closely
                               to that received during the last year.
                               5.   Interest on Reserve.    Interest on Reserve

                               has fallen from approximately Rs 3,000/- to
                              Rs 5,C00/- mainly owing torthe decline in rates
                               of interest.   Money which was placed on deposit
                         /     in 1351, on which interest accrued in 1352 obtained
                      /                         :
                               a good rate, it v/as reinvested in 1352 at a much
                                               V. ;                               //



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