HC Deb 27 November 1934 vol 295 c654
21. Captain FULLER

asked the Financial Secretary to the War Office at what rate to the dollar the Colonial allowances admissible to His Majesty's Forces in Hong Kong were fixed; and whether there is any deviation in that rate from the rate now prevailing?


Colonial allowance in China is issued in dollars, and is fixed in relation to other factors besides the rate of exchange. The rates of allowance are liable to be varied if any appreciable alteration occurs in the rate of exchange which is not counteracted by any other factor. The Hong Kong dollar, which stood at 1s. 5d. when the rates were fixed, has recently appreciated considerably, and increased rates of allowances in that station have been approved for all ranks from 1st October.