CONFIDENTIAL

to March 1976, the Colony has reluctantly agreed

to make an annual contribution of £8 million

in the current financial year towards the costs of its garrison which total

[total

approximately £26 million per annum. This

contribution is made up of £2.4 million per annum

in cash plus a total of £17 million spread over

five years for the provision of capital works

(which will become the property of the Hong Kong

Government when no longer required by Her

Majesty's Government) plus the cost of maintaining

all capital works over the same period.

estimated at £2.2 million per annum).

(Notionally

Hong Kong Department January

1572

February 197

CONFIDENTIAL

Share This Page