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[接上页] (3) Where the amount of compensation payable by virtue of a determination of the arbitrator under this Part is reduced under subsection (2) by the amount of any payment made under subsection (1), such compensation shall not as from the date on which the payment is made bear interest except on the amount of the compensation as so reduced. (4) Where the amount of any payment made by the Government under subsection (1) in respect of any claim exceeds the amount of the compensation determined by the arbitrator in respect of such claim, the amount of the excess shall be recoverable by the Government as a civil debt. (Added 82 of 1995 s. 6)___________________________________________________________________ Notes: 1. The application of this section is affected by section 7 of the Public Bus Services (Amendment) Ordinance 1995 (82 of 1995), which section is reproduced as follows- "7. Application This Ordinance applies to franchises granted before the commencement of this Ordinance as it applies to franchises granted after such commencement.". 2. 82 of 1995 commenced operation on 4 August 1995. Cap 230 s 25F Payment of compensation and interest (1) At any time after agreement or determination by the arbitrator of the amount of compensation to be paid under this Part, the Government may by notice published in the Gazette require the person entitled to such compensation to collect the same within the time and at the place specified in the notice. (2) Subject to section 25E(3), any sum of money payable as compensation by virtue of an agreement under this Part or a determination of the arbitrator shall bear interest from the date on which it became payable until the expiration of the time specified in the notice referred to in subsection (1); but no interest shall be payable on any costs or remuneration. (3) The rate of interest for the purposes of subsection (2) shall be a rate equal to the 7 day deposit rate plus 2%, where "7 day deposit rate" (7天通知存款利率) means the highest rate of interest (expressed as a percentage) paid from time to time by the continuing members of the Committee of The Hong Kong Association of Banks on deposits fixed for 7 days of an amount equal to the amount of compensation payable. (Added 82 of 1995 s. 6)___________________________________________________________________ Notes: 1. The application of this section is affected by section 7 of the Public Bus Services (Amendment) Ordinance 1995 (82 of 1995), which section is reproduced as follows- "7. Application This Ordinance applies to franchises granted before the commencement of this Ordinance as it applies to franchises granted after such commencement.". 2. 82 of 1995 commenced operation on 4 August 1995. Cap 230 s 26 Interpretation PART V PROFIT CONTROL SCHEME In this Part, unless the context otherwise requires- "accounting year" (会计年度) means the accounting year adopted by a grantee for drawing up its annual profit and loss accounts and balance sheet; "average net fixed assets" (固定资产平均净值) for any accounting year means the average of the opening and closing balances for that accounting year, as shown by the records of a grantee, of its net fixed assets; "Development Fund" (发展基金) means the Development Fund referred to in section 27(1); "fixed assets" (固定资产) means the stocks of capital items of stores and spares, investments in land, buildings, buses and other motor vehicles, plant, machinery and equipment, furniture, fixtures and fittings and other fixed assets (including assets in the course of construction, goods in transit and payments on account) used or kept by a grantee for the purposes of or in conne |