CONFIDENTIAL
ALTHOUGH TECHNICALLY HOBLEY BELONGS TO HONG KONG BREAKING OF THE CONTRACT WILL ALMOST CERTAINLY BE ASSOCIATED WITH OTHER ACTION BY THE UK GOVERNMENT CLAIMED TO BE DETRIMENTAL TO BERMUDA SUCH AS STERLING AREA CHANGES.
4. I AM NOT AT THIS STAGE INFORMING EITHER HOBLEY OR THE GOVERNMENT LEADER OF YOUR REQUEST. IF I HAVE TO DO SO, I CONSIDER IT ONLY FAIR TO THE BERMUDA GOVERNMENT THAT I SHOULD BE ABLE TO GIVE AN UNDERTAKING THAT A SUITABLE REPLACEMENT WILL BE SECURED BEFORE HOBLEYS RELEASE. ASSUMING NO ONE IS SUITABLE LOCALLY, I SHOULD NEED TO KNOW WHEN THE REPLACEMENT MIGHT BE AVAILABLE AND FOR HOW LONG HE WOULD BE LIKELY TO BE ABLE TO SERVE HERE. RECOVERY OF ADDITIONAL EXPENSE TO THE BERMUDA GOVERNMENT WOULD ALSO NEED TO BE TAKEN INTO ACCOUNT.
SHARPLES
FILES
HD CARIBBEAN DEPT
HD GIB & GEN D
COPIES TO
MR FIFOOT, LEGAL ADVISER
HD HK I OD
SIR D WATSON
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CONFIDENTIAL