M(93) 14
CONFIDENTIAL
HLC 231/10.
185
PW (12
IN ATTENDANCE
Mr A.C.C. LAM Regional Secretary (New Territories), City and New Territories Administration
Mrs R. LAU- Commissioner for Television and Entertainment Licensing
Mr C.M. LEUNG Deputy Secretary (Constitutional Affairs)
Mrs E. WALLER Assistant Principal Crown Counsel
A165
1997 ANNUAL MEETINGS OF THE BOARDS OF GOVERNORS OF THE WORLD BANK GROUP AND THE INTERNATIONAL MONETARY FUND: XCC (93)57
COMMENTARY
While strongly in
support of the proposal,
Members were of the view that the use of the Exchange
Fund to finance some of the costs of the meetings
might be
and could be a sensitive issue
questionable
with members of the Finance Committee.
DECISION
The Council ADVISED and the Governor ORDERED
that
(a) approval should be given for a formal
application to be made for the 1997
World
Annual
Bank/International
Monetary Fund
Meetings to be held in
Hong Kong, subject to the Finance
Committee's acceptance of the financial
commitments; and