1629
SECRET
FM FCO
TO IMMEDIATE HONG KONG
TELNO 559
OF 26170OZ MARCH 92
SECRET
HKA 233/1
030566
MDHOAN 2027
TOP COPY Q DIST?
дам
2713
INFO PRIORITY UKREP JLG HONG KONG, PEKING
PERSONAL FOR GOVERNOR
(52)
(55
OUR TELNOS 544 AND 551: HMOCS: COMPENSATION SCHEME DRAFT STATEMENT
1.
IN THE LIGHT OF FURTHER DISCUSSION HERE OF THE TEXT OF THE DRAFT STATEMENT IN THE FIRST TUR, MIFT CONTAINS A REVISED DRAFT TEXT, WHICH ALSO INCORPORATES THE CHANGES IN SECOND TUR. FOR EASE OF REFERENCE THE MAIN CHANGES/ADDITIONS ARE AS FOLLOWS:
(A) WE ARE AGAIN RECONSIDERING THE TITLE OF THIS SCHEME. ''COMPENSATION/INCENTIVE SCHEME'' IS UNTIDY: AND THE INCENTIVES ARE ALREADY REFLECTED IN THE JOINT DECLARATION AND BASIC LAW. SUBJECT TO FURTHER LEGAL ADVICE ON ANY IMPLICATIONS OF TERMING THIS ACOMPENSATION SCHEME'', AS YOU HAVE PREFERRED, WE ARE INCLINED TO REFER TO IT AS THAT THROUGHOUT.
(B) PARAGRAPH 1. WE SHOULD AVOID THE IMPRESSION THAT HMG HAVE COME FORWARD WITH A PROPOSAL ONLY IN RESPONSE TO PRESSURE FROM THE HMOCS ASSOCIATION.
(C) PARAGRAPH 3. WE HAVE DROPPED THE REFERENCE TO THE UK TAXPAYER.
(D) PARAGRAPH 6. WE WISH TO AVOID THE WORD
'INDUCEMENT''
(E) PARAGRAPH 7. TO TIE IN WITH NEW PARA 9 THE FIRST SENTENCE
HAS BEEN CHANGED SO THAT THE PAYMENT SHALL ''BECOME DUE'' RATHER THAN 'BE MADE
體
WE HAVE AMENDED 'ON OR AFTER 30 JUNE 1998''
TO ''ON 30 JUNE 1998''
·
ACCRUE
(F) PARAGRAPH 8 AGAIN TO TIE IN WITH NEW PARA 9, HAS BEEN SUBSTITUTED FOR ''BE MADE'' IN THE FIRST SENTENCE AND ''EARNED'' FOR ''PAID'' IN THE LAST SENTENCE. THE LAST SENTENCE HAS ALSO BEEN AMENDED IN LINE WITH (D) ABOVE.
(G) NEW PARAGRAPH 9 INCORPORATES THE TEXT IN PARA 2 OF 2ND TUR.