CONFIDENTIAL

Redacted under FOI Exemption S 27(1)

Entrepreneurs

MCLAREN

Adour

THE MORE I THINK LE, THIS, THE

BE

MORE I Flan 1000 LUULO THE RIGHT (Maximum) FIGURE", 5. In the light of Ministers' discussion on 6 March general

allocation scheme would need to contain a category for

entrepreneurs. Criteria would include the extent of their

investments and numbers employed by them. The Governor would

include these details in his recommendations to the Home Secretary.

Mr Hammond confirmed that an "advisory committee" would interfere

with the existing rationale for the Bill (Governor recommends Home Secretary approves subject to very few specified exceptions). The quota for this category was suggested as either up to 500 or up to 1,000, subject to the Governor's advice. Important that numbers should be sufficiently large to persuade PM that officials were

taking the matter seriously. Very large number of companies in Hong

Kong not all of whose owners could qualify under "managers" category through lack of formal education etc.

Action (a) Home Office to redraft OD(K) paper accordingly;

(b) Home Secretary to write to PM today, (cc to Secretary of

State only) explaining plans on entrepreneurs.

British Council, BTC Employees etc

6.

Following pruning of the scheme employees of British

Institutions would now have few if any avenues underwhich to apply.

OD (K) paper would need to spell this out. Ministers would need to

CONFIDENTIAL

Share This Page