538

INWARD TELEGRAM

NIF

This document must be paraphrased if the communication of its contents to any person outside Government Service is authorised.

Cypher

CCI

PRATION

FROM HONG KONG (Commander-in-Chief)

TO WAR OFFICE

D. 28th December, 1945.

Copy received in Colonial Office 30th December,

1945. 08.00 hrs.

IMPORT ANT

CA1170 cipher 28th December.

32763.

!!!

Restricted.

Your 49763 from Câi from Colonial Office

DTG 051830 December. Hong Kong Electric and. China Light and Power.

1. Agreement with Directors of both Companies in final stage of negotiation to following effect.

Firstly. Operation Directors under direction of Military Authorities for period of six months from 1st September 1945.

Secondly. Military Administration pay all operation and general charges in respect of period of agreement but Directors fees excluded.

Thirdly. All earnings will be for the account of Military Administration.

Fourthly. Military Administration will employ and pay personnel of both Companies.

Fifthly. No depreciation shall be charged for use of plant, but Military administration shall restore to reasonable effective running condition, such plant as they may have operated or utilised under the agreement.

/Sixthly

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