Fliss Brooks Legal Advisen
Reference..
Pa
Hica Bond
Issues
Thank
you for this advice.
You paragraph' is likely to
Why would
excite the Treasury.
Treasury. Why
HMG become invchred if the genered
НК
revenues of HI
Would this
+
became exhausteď
Not simply lead to
would
default by HKG.?
any legal obligations ?
વ
нама have
лял одни
ITICA
23/1
CODE 18-77
Mr Soone
m
rather,
I think this is all very hypothetical. If the General reveries of Hong Kong were exhausted, the would be bankrupt. Don't you think HMG or the UK Goverment i Whely to be mindred
`in putting together a finarnicial rescrie package? The Bonds will rank with all other indebtednen of the Hong Kong "Goverment (see paragraph 6 of the Bond Programme)
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