CONFIDE

question of Hong Kong belongers and investment moving to Britain's other territories, and to produce a guidance circular for all Governors. Meanwhile attempts to "sell" large numbers of PRCS to Hong Kong belongers should be handled carefully.

Ума

Sheila

SSF Eddis (Miss)

West Indian & Atlantic Department

cc: Mr Leicester, HKD

Mr Waterworth, Legal Advisers

Mr Penrith, Chancery, Ottawa Mr Ronchetti, NTD

GOVERNORS:

Anguilla

Tortola

Grand Cayman Plymouth

Hamilton

1

CONFIDENTIAL

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