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W(B)L 51-7406
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6.
would run for a year longer than
did the previous one.
(b) Excluding capital works
contribution of
£15 million
over 5 years compared with £2.4
million over 4 years) and allowing
for maintenance and minor works
(£2.2 million annually against
£0.475) the cash contribution
towards recurrent costs would
average £2.8 million a year as
against £3.925 million under the
previous agreement.
(c) Were it not for the future capital
commitments facing Hong Kong and
the other considerations raised
by the Unofficial Members, Her
Majesty's Government would have
felt fully justified in asking
for a substantially larger sum.
Grateful for report of resetione of
Unofficial Members as soon as possible,
on outcome of action on
para 4 above.
4.
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