HOSPITAL LEVY

Waihi Daily Telegraph, Volume XLIX, Issue 9593, 26 August 1949, Page 2

HOSPITAL LEVY

REPEAL OF ACT RELATING TO GOLD DUTY “I have to advise you that the Government proposes to bring down legislation this session to repeal Section 10 of the, Finance Act (No. 2), which relates to the basis of calculation of the levy payable to your board by the Waihi Borough Council. The provisions of this section have bfecome anomalous aud its repeal appears called for,” stated a letter from the Secretary to the Treasury, Wellington, to the Thames Hospital Board and the letter came before the August meeting of the board.

The section referred to the gold duty' said the chairman, Mr J. W. Danhy.

At one time, said Mr A. L. Neighbour, secretary to the board, the amount received by the hospital board from local bodies in respect of gold duty amounted to some £4OOO per annum but the,duty had gradually decreased until at the present time the amount of £230 approximately was paid by the Waihi Bor r ough Council as a contribution from gold duty received by that local body. With the disappearance of that sum the qpntribution wou{d have to be provided by the Government, concluded Mr Neighbour,