NOTHING TO BE WRITTEN IN THIS MARGIN
regulat
used for the purpose of regulating the exchange
value of the currency - Stipulates that the Fund,
or any part of it may be invested in securities
approved by the Segretary of State. There are
no administrative directions which require the
keeping of the reserves, if placed in the UK, in
the hands of the Crown Agents. The Hong Kong
Government has of course complete freedom to spend
the reserves should the need arise.
१.२३
3.