CO129-624-11 Finances- financial settlement 1-1-1950 - 30-6-1950 — Page 12

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

(i)

Extract from settlement reached Hong Kong Innancial

Qinguial at (75)

Conference

on

54126/13/50

12

22.

at

Claims for Compensation.

If, in

His Majesty's Government credits the Hong Kong Government with the sum of £1.125 million in recognition of legal liabilities the latter may have to bear as a result of requisitions under the Defence (Compensation) Regulations. fact, the legal liability turns out to bo less or greater than this amount no furthe

be made. On the other adjustment will, however hand if cases of "de facto requisition" eventually turn out to be legally enforcible the matter will be considered separately.

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