GRS 240A
PRIORITY
"PHER CAT A
LARI
REF.
FM FCO 291425Z
RESTRICTE D
(33
30
TOP COPY
(
HKK 5/38)
RESTRICTED
TO PRIORITY HONG KONG TELNO 1115 OF 20 DECEMBER, 1974.
YOUR TELNO 1260 OF 17 DECEMBER: COMMEMORATIVE GOLD COIN
1. THERE ARE THREE WAYS IN WHICH WE COULD PROCEED WITH THE MAKING
OF A NEW ORDER VIZ:
(A) AN ORDER WHICH WILL AMEND THE 1936 ORDER SIMPLY BY ADDING GOLD COINS TO THE LIST OF THOSE FOR WHICH THE GOVERNOR CAN MAKE PROVISION BY PROCLAMATION. HE WOULD THEN HAVE TO MAKE SUCH A PROCLAMATION WITH RESPECT TO THE COMMEMORATIVE ISSUE PROPOSED. (B) AN ORDER AMENDING THE 1936 ORDER MORE SUBSTANTIALLY BY PROVIDING FOR, AND INCLUDING DETAILS OF, THIS COMMEMORATIVE ISSUE, AS WELL AS GIVING THE GOVERNOR POWER TO MAKE PROCLAMATION IN RESPECT OF OTHER GOLD COINS IN THE FUTURE. NO LOCAL PROCLAMATION
WOULD BE NEEDED FOR THIS ISSUE.
C) AN ORDER DEALING SOLELY WITH THE COMMEMORATIVE COINS. NO LOCAL PROCLAMATION WOULD BE NEEDED, SINCE THE ORDER WOULD NOT AMEND THE 1936 ORDER, ANY SUBSEQUENT ISSUE OF GOLD COINS WOULD HAVE TO BE PRECEDED BY A NEW ORDER IN COUNCIL, RATHER THAN A LOCAL PROCLAMATION AS IN (A) AND (B) ABOVE.
2. OUR OWN PREFERENCE IS FOR (A) BUT WE SHOULD WELCOME YOUR VIEWS. 3. THE POINT IN REGARD TO SECTION 4(1) OF THE HONG KONG COINAGE ORDER 1936 RAISED IN PARAGRAPH 3 OF YOUR TELEGRAM UNDER REFERENCE WOULD PROBABLY BEST BE MET BY INSERTION IN THE TEXT OF REFERENCE TO THE NEW 1000 DOLLAR COIN BUT WE SHOULD LIKE CONFIRMATION THAT IT IS YOUR WISH THAT THE NEW COIN SHALL BE MADE LEGAL TENDER FOR
PAYMENT OF ANY AMOUNT.
a
4. WE INTEND THAT THE NEW ORDER SHOULD BE ENACTED AT THE NEXT MEETING OF THE PRIVY COUNCIL WHICH WILL BE HELD DURING THE LATTER
HALF OF JANUARY.
CALLAGHAN
COPIES то
FILES
MRS
RA. CURRELL
-TREASURY
#KI O D
FRD
MR
CORNELL
ROYAL MINT
LEGAL
ADVISERS
SIR D. WATSON
MR
A
MALE
MR
+
MARSHALL
SIR D. MAITLAND
+