Full text : Foreign trade zones (or free ports)

102 FOREIGN TRADE ZONES

be prepared or manipulated in any way that the proprietors or their representatives
 see fit. The company shall, at the request of the interested party, receive
goods on deposit and issue therefor certificates of deposit and warrants, which
may be transferred without the necessity of a stamp and under such conditions
as will be more definitely provided for by law. Every person has a right, upon
payment of stipulated sums and by observing the regulations in force, to make
use of the installations in the free port. The company will submit to such
regulations of the secretary of the interior as he may make for the purpose of
obtaining statistical information in regard to the traffic of the free port.
The appointment and distribution of the officials and laborers necessary
for the management of the port will be made by the directors of the company.
who will also make all regulations in regard to the service.
ART. 14. The secretary of the interior will determine the amount to be paid
for the use of the rolling stock of the State railways over those of the free port.
Art. 15. The buildings and installations indicated in articles 5 and 6 will be
kept in good condition by the company during the period of the concession;
they also must be kept insured for their total value. .
All installations, ete., indicated in articles 2 and 3 (streets and buildings
for recreation, unless managed by the city of Copenhagen), will be kept in good
condition by the harbor board against reimbursement by the company of the
corresponding expenses as approved by the secretary of the interior. However,
 the expenses for the upkeep of the quay walls of the eastern mole as well
as those for the upkeep of the breakwater will be borne by the harbor board.
The city of Copenhagen, in accordance with the agreement made with the
harbor board, takes charge of the repairs of the sewers and drains mentioned
in article 2. The company shall not obstruct the execution of such repairs.
ArT. 16. The directors of the company will furnish each year, for the approval
of the secretary of the interior, a statement of the revenues and expenditures.
The amendments which the secretary may make in such statement must be
observed by the company which can not, without the consent of the secretary,
incur any expenses that do not appear in the approved budget, nor exceed the
expenses indicated therein.
The revenues will consist principally of:
(a) Rents paid by public institutions for sites or buildings.
(b) Rents derived from the leasing of inclosed or open storage places, offices
for samples, and other, ete.
(¢) Pees for the use of cranes and other apparatus of the free port.
td) Fees for transportation and manipulation of cargoes.
() Rents of sites for industrial establishments.
©) Revenues from the use of electric light.
(¢) Revenues from the use of motor power.
(h) Revenues from the use of the quay.
(9) Revenues from the interest on the capital employed by the company.
(7) Other revenues.
The expenses of administration will consist principally of:
(a) Salaries and other emoluments to directors, officials, and workmen of the
company.
(b) Office expenses.
(¢) Expenses for management, repairs, and insurance of the buildings, warehouses,
 and other equipment of the eompany.
(d) Reimbursement to the harbor board for repair expenses on the constructions
 made by it in the free port. (See art. 15.)
(e) Tax for the use of the wharf.
(f) Taxes for the management, if there be any.
            
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