T
布政司署
敎育統籌科
香港下亞厘畢道
EDUCATION AND MANPOWER BRANCH GOVERNMENT SECRETARIAT,
Lower Albert Road,
Hong Kong.
本署檔號 OUR REF.: (103) in EMB CR 17/2321/86
來函檔號 YOUR REF.:
HKB 256 12
Hong Kong Department
London SW1A 2AH
Dear
Mike,
Mr M V Stone
Foreign and Commonwealth office”
CEIV
12 Meg
9 January 1990
1990
INDE
ONITO
to me
UK/Hong Kong Scholarship Scheme:
STONFE 2311
Sir S K Tang's Donation
Your letter of 20 November arrived shortly before I went on vacation leave in December. I have now seen your further letter dated 11 December.
The matter is clear as seen from this end and the attached background note summarises the key points. We have, however, referred the case to the Legal Department for advice and confirmation, as per your request. This will probably take some time but I will try to expedite.
-
The most recent position
Original donation
on the donation is as
Interest earned up to
follows
(a)
(b)
Date of receipt
(c)
last deposite renewal date (29.12.89)
(a)
Total proceeds
(principal and interest) upon next renewal/
to
maturity date (30.1.90)
£1 million
12 June 1986
£464,050.06 (including £3,658.5 paid to UK/HK scholarship 1988-89)
7
£1,479,596.71 (excluding £3,658.50 paid to UK/HK scholarship 1988-89)
For scholarships awarded in 1989-90,
in 1989-90, we expect
have to draw down £40,000 Bequest, in about March 1990.
from the Tang Shiu-kin
AL/fc
ever,
Yours
pisert.
(Albert Lai)
for Secretary for Education and Manpower