Overriding condition

The Hong Kong Government has estimated that it would take two years

to introduce the proposed Hong Kong register within the above-

mentioned conditions. It shall be a condition of setting up such a

register that Hong Kong shipowners shall give a guarantee to

register thereon [20_7 million gross tons of their tonnage in

conformity with the proposed conditions within 12 months of

the date on which the register is established.

3.

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