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intervene by legislation in such personal transactions of ex-internees. The main reasons for reaching this conclusion were:-
(i)
(ii)
the foot at the cuik o. the che, des kere (rata on beaks in the united kingdom and Wirst there waɛ no certuing that legislation in hong kong coulu be so devised as to rule out the possibility of a successful actiun in the courts in this country to recover the full value ci such cheques;
the very individuel nature of the transactions
and the maliting inpossibility of ensuring by legislation tair treatment to all concerned, particularly if such legislation toos the form of apoing revaluation of currency.
Simple
The alternative solution agreed upon and adopted was that all the che ues should be returned, together with a note (copy enclosed) pointing out the artilicial stuosphere and conditions under which they sero icjued, sug Puting tast the debts aight be settled by smaller amounts than those for suich the cha ues were crash and eaprosciop the huge Giót in discussing an agicable basis for settlement the conditions referred to rould be borne in ainë. The not. went on to suggest that in case of difficulties in finding an amicable basia for settlement the Hong Kong Government should be approached, when consideration would be given to the setting up of a small arbitration board to discuss difficulties and to
reco.amend