CONFIDENTIAL
FM HONG KONG
TO PRIORITY FCO TELNO 445 ·
Mr Furryess
Spoke. 25/2 Drax)
for a view p2 25/2
MARK
CONFIDENTIAL
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Buster
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OF 160051Z FEBRUARY 92
tel.
Murs Mayer! 117660 3
isi sentence of pera TOP COPY
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YRTELNO 94: FOREIGN CORPORATIONS ACT 1991
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1. FROM OUR POINT OF VIEW IT IS A PITY THAT THE UK ACT CANNOT BE EXTENDED TO US. IN THE LIGHT OF THIS FACT, AND BECAUSE THE PROBLEM IS A SIGNIFICANT ONE WHICH WE BELIEVE WE MUST TAKE STEPS TO ADDRESS, WE INTEND TO DRAFT LOCAL LEGISLATION VIRTUALLY IDENTICAL TO THE UK'S (OF COURSE OURS WOULD REFER TO TERRITORIES NOT RECOGNISED AS STATES (NEXT THREE WORDS UNDERLINED) BY THE UK).
2. WE DO NOT SEE ANY NEED TO BRIEF THE CHINESE ABOUT SUCH LEGISLATION. HOWEVER, IF THEY WERE TO ASK ABOUT IT, WE WOULD EXPLAIN THAT WE WERE COPYING HMG, FOR THE SAME (COMMERCIAL) LEGAL REASONS: AND THAT THE CHINESE NO DOUBT NOTED THE UK BILL AT THE TIME.
3. SUCH LEGISLATION COULD NOT SURVIVE 1997 WITHOUT ADAPTATION GIVEN THAT IT WILL REFER TO TERRITORIES NOT RECOGNISED BY THE UK. IF WE WISH TO CONTINUE IN SOME FORM BEYOND THAT DATE, WE WILL NEED TO CONSULT THE CHINESE AT THE ADAPTATION STAGE. THIS COULD BE A VERY DIFFICULT EXERCISE.
WILSON
YYYY
MAIN
66
LIMITED
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ERD
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68
RAD
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SIR J COLES
MR BURNS
MS BROOKS, LEGAL ADVISERS
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