Elctr'icil y Supply.


 Internal combustion engines (over 800
 r.p.m .) ...... ...... ...... ...... 10 years
 Electric switehg.ar and instruments 15 years
 Electricity meters ...... ...... ...... 10 years
 Transformers ...... ...... ...... 20 years
 Transmisoion and distribution lines ...... 15 years
 Other fixed assets ...... ...... ...... Such number of years
 as is fair and reason-
 able in relation to the
 fixed asset in question.

 PART ITI
 The sum of moncy referred to in sub-section (3) of section 29
 sha1,! l a sum equal to the aggregate amount of the Company's net
 trading profits (computed as hereinafter provided and as certi-
 fied by the Company's auditors) during the five completed finan-
 cial years of the Company next preceding the revocation of the
 licence. For this purpose the Company's net trading profits shall
 be computed before charging or crediting income tax or any
 similar tax bnsed on income or profits or capital gains and before
 making any lonn redemption provision or other appropriation of
 profits but after making all other deductions including payment of
 interest on indebtedness and reasonable provision for depreciation.


 Pass.4d in !'/ House of Asscnmbly ltis 3rd day of May, 1973

 OWEN CUFFY,
 Clerk of the House of Assembly.


PRINTED BY THE GOVERNMENT PRINTER AT THE GOVERNMENT PRINTING OFFICE,
 KINGSTOWN, ST. VINCENT.
 [ Price 96 cents. ]


No. 14.


1973.