UNCLASSIFIED
(iv)
level of income which would enable them to retain a profit margin equal to that which would have been achieved if existing arrangements had continued. That is, they would retain estimated annual revenue equal to (annual cost under new arrangements + annual profit under existing arrangements)
£3.56 million.
-
(£2 million + £1.56 million) =
to allow the Hong Kong Government to retain only the revenue required to cover the cost of the operation (£2 million).
6. I understand that you will now write a paper setting out the financial issues as a basis for discussion by interested departments.
11 November 1985
هسهر
GL Minter Finance Dept OAB 2/102
cc: Mr Hill, HKD
Miss Kaye, Consular Department
273 5624
H&M 040/24
RECEIVED:
1 8 NOV 1985
Taken
}