7 Stone Buildin.. Lincoln's Inn
Loan WC2A 38Z
IN THE MATTER of SIR SHUI KIN TANG'S GIFT
OPINION
pa: Schol. ра
1.
Sir S.K. Tang made his gift of £1 million by
handing over a cheque to the Chief Secretary in Hong Kong
on 10th June 1986. The terms of the gift had been set
out three months earlier in his letter of 10th March: it
was to be a donation to Her Majesty's Government in the
United Kingdom
"from which the interest accrued is to be used for charitable purposes in the United Kingdom, at the complete discretion of Her Majesty's Government".
There was some discussion with Sir S.K. Tang about how
the money was to be used, and the result of these
discussions was summarised in a Hong Kong telegram to the
FCO on 7th May 1986. Two-thirds of the income was to be
used for Hong Kong students to study in the United
Kingdom (administered by the British Council if this
could be arranged), and the remaining one-third to go to
a medical trust, such as cancer research.
2.
Senior Crown Counsel in Hong Kong has advised
that the gift did not create a trust under Hong Kong law.
On that footing, the money is presumably now held by HMG
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