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ZEHN OUR REF

布政司

港下 H

(1) in FIN CR 5/1486/88 Pt. 7

Mr. John Fraser

Civil Secretary

Headquarters British Forces Hong Kong

British Forces Post Office 1

інка

ра

3

21

46

GOVERNMENT SECRETARMI.

LOWER ALBERT ROAD

HONG KONG

Finance Branch,

4th Floor, CGO, East Wing.

22 February 1993

063

TRY

49/50/88

DESK K

·

PA

KEGISTRY Adion Takes

19 MAR 1993

EGER YOur Ref

Dear Sir,

Expenditure under the DCA

1992-93 outturn

At the meeting of the Financial Procedures Committee on 8 February, I gave notice that the Hong Kong Government had a number of major queries on the 4th

Quarter invoice.

I also advised that, pending

resolution of those queries, the Hong Kong Government

substantial payment on account.

a

would make

The

purpose of this letter is to set out in detail the Hong

Kong Government's queries.

1992-93 Outturn

The difference between the original

estimate for 1992-93, as supplied by HQBF in August

1991, and the actual outturn (taking the 4th Quarter

invoice at face value) is $224 million.

$45 million

However, the difference would have been

greater but for a fortuitous credit in

August 1992 of sums which should have been paid to Hong Kong in earlier years.

clarified

Thus the full difference that needs to be

is $269 million. A detailed analysis of the

calculations is at Annex A.

URITY

BRANCH

1-51793

RECEIVED

REGISTRY

SAFE

CARE

REGISTR

23 FEB 1993 Fos

INWARD LETTER

*

ZARIAT

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