'

SECRAT UK BYS A

BIES A

a.

£3.925M

D

£0.475M

£0.6M

C

Foreign exchange costs of 4 major units

plus support (excluding works)

Minor works and maintenance to be carried

out by Hong Kong Government

Contribution to major new works

5. In 1969, to avoid any repetition of the atmosphere of crisis

which the 1966 negotiations had.created in Hong Kong, the

Governor proposed that for the next agreement he should assess

the maximum sum he thought the Colony could be persuaded to pay

and he would attempt to settle this unofficially with HMG before

putting it to his Executive Council and Finance Committee for There was Conswein agreement.

the use

on the

*

given to 6. While this proposal was successful in that it avoided any

crisis, it involved a series of exchanges between Hong Kong and

London covering well over a year. It was not until October 1971 hipity that Ministers and the Hong Kong authorities agreed a contribution

-Susem

A Cin

of £40 over 5 years from 1st April 1971 made up as follows:-

んしんこう

Year

Cash Contribution

Capital Works

Maintenance and

Total

Minor Works

1971-72

2.4

2.9

2.2

7.5

1972-73

2.4

2.9

2.2

7.5

1973-74

2.4

3.4

2.2

8.0

1974-75

2.4

3.9

2.2

8.5

1975-76

2.4

3.9

2.2

8.5

Totals

12.0

17.0

11.0

40.0

At this time the overall cost of the Garrison for 1971/72 was

estimated at £26.4M.

7. The agreement recording this form of contribution from 1st April

1971 was later set down in a Memorandum of Understanding (MOU) which

SECHET UK EYES A

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