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(c) The Secretary of State is to be kept fully informed
of the Colony's financial position and of the general trend of
its financial policy at least quarterly.
(a)
The Secretary of State will consult with H.M. Treasury
from time to time on all important matters affecting Hong Kong's
finances.
The Secretary of State points out that the key-note of
the proposed arrangements is consultation rather than control,
and emphasizes the necessity of his being kept constantly
informed of financial trends. He has indicated that he will
review the situation again at the end of this present financial
year, when it is possible that the principle of consultation,
now adopted, may be further extended.
$