CO129-561-6 Companies Amendment Ordinance draft bill- correspondence 18-1-1937 - 6-7-1938 — Page 59

TO

NATIONAL

SCHE

DISABLED

Telephone No.: Whitehall 1234.

In any reply

please quote Regd. No.

F.11091/2.

2

Dear Boyse,

TREASURY CHAMBERS,

WHITEHALL, S.W.1.

10th November, 1937.

59

I enclose, as promised, notes (which I have

put in the form of separate letters) on the three Hong Kong

questions which we discussed on Monday morning. The

fourth (Hong Kong banking legislation your 53600/37 of

July 29th) we agreed to leave over until you had had time

to become familiar with it and perhaps also the Palestine

banking legislation. But it may be useful if I send you

now the enclosed comments by the Bank of England.

Some

of them are on drafting points; but that on Section 356

(1) is fundamental. My view had been that an intelligent,

though not expert, examiner might do much to improve the

present position by applying the general knowledge

obtainable from an expert Advisory Committee to the

particular problems which would come to his notice in the

confidential information supplied to him by modern style

Chinese banks.

V.H. Boyse, Esq., 0.B.E.,

Colonial Office.

Yours sincerely,