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CONFIDENTIAL
CONFIDENTIAL
FM HONG KONG 15094OZ MAY 85
TO IMMEDIATE FCO
TELEGRAM NUMBER 927 OF 15 MAY
TOP COPY
HKK 045712
MAY 1985
mailsí
со
INFO IMMEDIATE PEKING
HKK 040111 (78)
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YOUR TELNO 645 AND OUR TELNO 892: PRE-RATIFICATION HONG KONG LEGISLATION.
A RESOLUTION FOR THE RESTRUCTURING OF THE CAPITAL WORKS RESERVE FUND TO GIVE EFFECT TO THE NEW ACCOUNTING ARRANGEMENTS FOR THE SHARING OF PREMIUM INCOME UNDER ANNEX, 111 WAS PASSED BY THE LEGISLATIVE COUNCIL TODAY. THE TEXT IS AT ANNEX B TO EXCO MEMORANDUM XCC(85)7.
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2. WHILE THIS COMPLETES ALL THE LEGISLATIVE STEPS FOR PRE- RATIFICATION HONG KONG LEGISLATION, WE SHALL NEED, AS POINTED OUR IN PARA 2(6) OF OUR TELNO 907, A MINIMUM OF A WEEK'S NOTICE OF THE EXACT DATE OF RATIFICATION TO ALLOW US TO MAKE THE NECESSARY ADMINISTRATIVE ARRANGEMENTS TO BRING INTO FORCE THE NEW
ACCOUNTING PROCEDURES.
YOUDE
HONG KONG AGREEMENT
LIMITED
HD/HKD
HD/FED
HD/PLANNING STAFF
HD/PUSD
DEP HD/PUSD
RESEARCH DEPT (MR WALKER)
PS
PS/MR LUCE
PS/PUS
SIR W HARDING
MR WILSON
SIR J FREELAND
MR J CROWLEY, PUSD
COPIES TO:(VIA ADR)
MR ROBERTS, NEWS DEPT
MR FIFOOT, LEGAL ADVISERS
MR MARTIN, ASST STAFF CABINET
OFFICE CABINET OFFICE MR D B C CHRISTOPHER CABINET OFF.
MR MALLABY
SIR P CRADDOCK, No. 10 DOWNING ST.
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