-1992 16:52

PAUL FIFOOT

0372723755

P.01/02

File

510

FAX TRANSMISSION

HKA 233/1

To: EMMA WILLIAMS

Hong Kong Department, FCO

Fax no.: 071 270 3387

Pages, including this page: 2.

From: PAUL FIFOOT

Fax no.: 0372 723755

Tel no.: (0372) 723755

Date: 1 September 1992

STERLING SAFEGUARDS: YOUR DRAFT SUBMISSION

509

p.a.pls HMOCS policy,

وا اسمه

I have the following suggestions on your draft:

"Problem", line 3: substitute "provide" for "implement".

"Background", first paragraph, first sentence: Replace as follows:

"Our Legal Consultant has pointed out that the earlier practice was to require a former colony to enter into a Public Officers Agreement ("POA") on independence whereby certain officers, in addition to members of HMOCS, were entitled to receive their pensions outside the former colony and, in such cases, the newly independent country guaranteed the sterling value of the pension at the rate applicable at or about independence day.

*

First paragraph, second sentence: delete the last line and substitute: "the Colonial Office or Crown Agents"

Second paragraph, second sentence: delete the last two lines and substitute: "Sub-continent) who may fall into the same category but we doubt whether they are aware of the practice".

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Third paragraph, second tiret: substitute as follows: "This we have done by inclusion in the JD of a provision which requires that pensions are to be paid on terms no less favourable than beforehand".

Third paragraph, third tiret: add "to meet those responsibilities" at the end,

Fourth paragraph, first line: delete "other".

Fourth paragraph, first tiret, second sentence: replace as follows: "For Hong Kong, pensions are provided for in the JD."

Fifth paragraph, first and second lines: replace as follows: "It is possible that at least some pensionable overseas officers who are not members of HMOCS will seek an assurance that HMG will safeguard their".

Fifth paragraph, line 5: insert "after 30th September 1992" after "HMOCS".

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