CO537-(1262-1649) — Page 88

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cms

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CO 537/1369

THE NATIONAL ARCHIVES

Ins

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restrictions. Further information is given in the enclosed Terms and Conditions of supply of National Archives' leaflet Please note that this copy is supplied subject to the National Archives' terms and conditions and that your use of it may be subject to copyright

00054

11040

vig.

on 55116/46.

Copy for 15:117/2/46 Ecoting |

Colonial ürrice,

Downing treet.

12 May, 1946.

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restrictions. Further information is given in the enclosed Terms and Conditions of supply of National Archives' leaflet. Please note that this copy is supplied subject to the National Archives' terms and conditions and that your use of it may be subject to copyright

I have the honour to transmit for your ponaidoration a duft Ordinance to amen. the II ng KONG and hanghai Banking Corporɛtion Ordinance of 1929 which has been prepared in this Department.

2. This Ordinance his bo...n prepared in acetúrnee with a request by lår. orve, the Oeneral Kanager of the Ban, before he left this contry for hừng cong ith une exception, the umuniments are primully concerned with questiona sffectin: the internal mana joment of the Bank: and are requested by ir. Morve in order to follit to the work or the Bank and assist its m.nagement by the Board of Directors in the particular circuretraces of the present timo.

3. The exception reforred to is the increuBO in the fiduciary itsue from 130,000,000 to /46, 00,000

ffected in art I of the och dule to the draft Ordinance. This in recta is neccbutry in connection with the arrangements which have boon mode ani on which I um aðúrousin you separately, concerning the trentrent o. those notes of the long long rind hari Banking Corporation which were loomed by the Jupancus.

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a you are no doubt aware it booze necessary du: ing the Japanese occupation of ilong Kong for the

afinira

GOV. TUB,

SIR İLK Yung, 6.0.1.0.,

etc., atc., cto.