CONFIDENTIAL

6.

4.

I have discussed this matter with Mr Rushford and he is broadly in agreement

with my assessment of the situation and with the conclusions drawn. When you have

had time to consider this submission further you might like to discuss it with us.

Am Greenwort

A M Greenwood

15 June 1977

cc: Mr J A B Stewart (Hong Kong)

Mr Rushford (Legal Advisers)

CONFIDENTIAL

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