VUNE A DENTJAL
496
MEMORANDUM OF UNDERSTANDING
WHEREAS the United Kingdom Government has confirmed its
continued commitment to the integrity and security of Hong Kong:
AND WHEREAS the United Kingdom Government and the Hong Kong
Government have agreed on the size, composition and cost of the
garrison for Hong Kong and the contribution to that cost to be
made by the Hong Kong Government:
AND WHEREAS the United Kingdom Government has confirmed that
reinforcement of the garrison will be effected should circumstances
so require;
NOW THEREFORE the United Kingdom Government and the Hong Kong
Government have agreed as follows
1. The size, composition and cost of the garrison for which this
Agreement provides are set cut in Annex A.
2.
The Hong Kong Government will contribute to the cost of
the garrison in the following manner -
from 1st April 1976 to 31st March 1977
50%
from 1st April 1977 to 31st March 1978
621%
from 1st April 1978
75%.
The increase in the Hong Kong Government contribution from
50% to 621% and from 624% to 75% are conditional on the United
Kingdom Government releasing lend at Kai Tak and Victoria
Barracks respectively in accordance with paragraph 10(e) and
Part I of Annex C. In the event of delay in meeting the
release dates, the situation will be reviewed by the two
Governments and, if the reasons for the delay are the
responsibility of the United Kingdom Government, quarterly
instalments of the Hong Kong Government contribution will be
payable at the previous level until the release of the land
is completed.
1
CONFIDENTIAL