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5 pm

Date:

25.11.86

Time:

2.15

Reporter:

PMS

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2nd of December.

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MR CHEONG:

It depends on how quickly we reach agreement. I

would hope in about two or three months but

Two or three months?

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SEM:

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Well, if we reach agreement at the first

It depends on how things

meeting it could take a week I suppose.

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go.

st

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CHAIRMAN:

11 interested in what is

I mean this committee probably is the latest.

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(D

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MR CHEONG:

Two to three months.

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CHAIRMAN:

at

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t

لا

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SEM:

18 long it will take but I 19 particularly long time.

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MR CHEONG:

Acceptable, that is.

I am only guessing. I have no idea how can see no reason why it should take a

But it is the Branch as well as the Department's intention to follow the general guidelines and the principles of recovering a reasonable cost.

ed

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nat

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SEM:

D of E:

That is certainly correct.

Yes indeed, as I said, the Branch's view,

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as I stated earlier, is that we would probably end up with a fee somewhere in the region of 15% of cost and retain

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(1)

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CHAIRMAN:

Thank you very much.

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MR CHEONG:

Thank you.

cy

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CHAIRMAN:

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The next subject on the agenda is also for

Mr Bridge, it is item 17 to 28, paragraph 17 to 28 of the Director of

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