NOTHING TO BE WRITTEN IN THIS MARGIN

Registry No.

SECURITY CLASSIFICATION

Top Secret.

Secret.

Confidential.

Restricted.

Unclassified.

PRIVACY MARKING

.In Confidence

SECRET

DRAFT

ANNEX I

Type 1 +

From

To:-

GOVERNOR'S PROPOSALS

Fo

Telephone No. & Ext.

Department

(a) Over a period of 7 years the basic

contribution by Hong Kong would be as

follows (all figures in £ million)

Year

Capital Works

Mainten- ance and

Cash

Total

Contri-

minor

bution

works

towards

Operating

Costs

1971/72

2.8

2.2

2.0

7.0

1972/73

2.8

2.2

2.0

7.0

1973/74

2.8

2.2

2.5

7.5

1974/75

2.8

2.2

2.5

7.5

1975/76

2.8

2.2

2.5

7.5

1976/77

2.8

2.2

3.0

8.0

1977/78

2.8

2.2

3.0

8.0

19.6

15.4

17.5

52.5

Average

2.8

2.2

2.5

7.5

(b)

The agreement would be subject to review

at any time

(i) if the costs of capital works at

April 1970 prices were to go up or

down by 50 per cent or more, or

SECRET

/(ii)

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