File 1173/1914 ‘Muscat:- financial affairs. Loans to the Sultan.’ [‎75r] (154/614)

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nxploration Licsnce also to nave a teirn of two years, lliere-
after tna State oecomes entitled under a kilning Licence (if
operations succeed and are prosecuted) to a royalty of tfs.3~8-0
per ton of oil raised and subject to a minimum of Ba.30,000 per
annum.
Chapters XI and XL 1 call for no conrasnt.
The unnuMDarad head "Remittances from Sauar" is a tempo-
rary accounting arrangeraant to meet exceptional local conditions*
danar maintains a separate ireasury. its revenues and expendi
ture nave been oudgetted for in the general Budget under ^akat
and District Administration respectively* As however its
revenues are subject to deductions on the spot to meet local
expenditure only nett remittances are received at the Muscat
Treasury at irregular intervals. These are conveniently
credited under this nead until the end of the year when Sahar*s
gross revenues and expenditure can he sorted out and allocated
to tneir proper Budget heads.
IV BXffiHDITUBE (Statistical Statement)
Chapter 11 Military See para 11 above.
Cfeipter 11 Marire. The State motor Cruiser SAIYrDIYAH”
continues to be a heavy drain. Half the crew have been dismiss 1
ed the captain placed on half pay and every effort is being
made to dispose of the entire burden, expenditure for the
first six months of this year was Rs.5808/- against xis. 5665 /-
for the corresponding period of 1924*
To give effect to tne decision to replace the ^AIYIDnAH”
oy a larger sea going craft wherewith to increase supex vision
and revenues at outlying stations it has been necessary to
allot a sum of xs. 25 , 000 /- It may be considered a moot point
whether such expenditure is justifiable this year in the light
of the revised balances but it is locally held that it would
prove to be productive expenditure.
Chapter Vlll Public works, exhaustion already of the
yeans allotment arises from the inclusion under this head of
an