GRS 110
SECRET
INTEL X
HKILandso
RECEIVED IN REGISTRY
17 SEP 1934
DESK OFFICER
PA
REGISTRY Action Taken
Andy zuzila
99
See 110 See 117
SECRET
FUTURE EGRET
DESKDY 1609302 BOTH
FROM PEKING 1608382 SEPT 84
TO IMMEDIATE FCO
TELNO 2381 OF 16/9/84
INFO IMMEDIATE HONG KONG
HONG KONG TELNO 1855: FUTURE EGRET: PART 111 OF THE
WHITE PAPER: FINANCIAL SYSTEM
1. AFTER DISCUSSION WITH THE WORKING GROUP, WE SUGGEST THAT
THIS SECTION BE REDRAFTED AS FOLLOWS:
**THIS SECTION OF THE ANNEX INDICATES CLEARLY THAT THE GOVERNMENT OF THE HONG KONG SAR WILL CONTINUE TO DETERMINE ITS OWN FISCAL POLICY, IN ACCORDANCE WITH HONG KONG'S OWN NEEDS, AND WITHOUT ANY REQUIREMENT TO PEMIT REVENUE TO THE SOVEREIGN POWER. IT ALSO MAKES CLEAR THAT THE PREDOMINANT AUTHORITY OF THE LEGISLATURE IN FINANCIAL MATTERS, AND THE SYSTEM FOR INDEPENDENT AND IMPARTIAL AUDIT OF PUBLIC ACCOUNTS, WILL CONTINUE UNCHANGED.''
EVANS
LIMITED
HD/HKD HD/FED MR BOYD
SECRET
COPIES TO:
SIR P CRADOCK (2)
MR BICKFORD, LÉGÁL ADVISERS
MR FITFOOT,
K195A
SIR E YOUDE, K195A