COD US

862 868 4679 P.04

3

(k) Condition 8.1. The draft has both "the Secretary of

State" and "the Governor" in square brackets in three

places. We prefer to retain "the Governor" only. In

practice, we would of course consult with BNSC on these

matters.

(1)

Condition 8.2. We accept that in the first two lines of

this condition it would not be appropriate to delete the

reference to "the Secretary of State". As far as the

end of the condition is concerned, we prefer the second

suggested form of wording, but with "them" replaced by

"the Governor" Accordingly, the condition would read

as follows: "The Licensee shall ensure that the

Secretary of State and the Governor are named insured in

any such policy of insurance or their interests are

secured in a manner which is satisfactory to the

Governor".

(m)

Condition 13. We confirm that AsiaSat is an

incorporated company with limited liability.

condition can therefore be dropped.

This

(n) Condition 14. We wish to add a definition (after

Condition 14.3.1) as follows: ""the Governor

Governor or any person authorised by him."

means the

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