CO129-561-6 Companies Amendment Ordinance draft bill- correspondence 18-1-1937 - 6-7-1938 — Page 26

to you. bong

DESTROYED UNDER STATU!c

Ref!

1. Reminder

12. 20 Treasury so.

13 Regeuny 20

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21.1.38

26

26.3.38

4.,4.38

Lam sorry thave delayed this for as long, bat it has

pecessitalit consediata

rending

both of these Soupers

& Palestine papers.

Also the wearusy regarded extam points as fundamented turshed to discuss them but after some delay found that they had not seen the comments of other Dy's. This has occasioned the further delay.

I have made

mangial comments - some

The main pomil,

representing Invasory scene. The main

my own

other

however, that the

Dessary press as of major infioitunes is the question of the Excamme

It is highly probable that, on economie

grounds,

the Long Kong for?

may not like the following proposals but it is essential that the new

legislation showed not only be workable but showed be administered on the

basis. There are two suggestions discussed over a

best posita basis. There

long

perond and with different degrees of emphasis @ the appointment of a fecialist examines with backing experence & the

do..

I of an intellegint though not expert examines to function with the general

knowledge of obtemade form

an expert Advisory Commuttes".

In view of the complications of backing business and the

circumstances in St. in which banking

M

of businon, nationalities, the

covers such a

wide range

I in the somewhat preulis arcimelance

fsex. cg. an expert to deal with the question during the initial stages of the

it's relation to Ching it would froobably be best & afpornt

afte

hear legislation

say, a year.

comes into effect - such an appointment choued be for, Such an

appointment shored not forove too difficult

M

to make from a selection point of views ( the "big five" to Back I

England

comed

fundably

be relied

upon

to make are appropriate selection

and