CO129-625-3 Hong Kong University- rehabilitation (1950) 1-1-1950 - 31-1-1951 — Page 108

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Hong Kong Government were both contributing to the endowment fund...

After further discussion it was agreed that

(i) the C. D. & W. grant should be administered by the University and that the grant promised by H. M. G. in the 1948 Financial Settlement should also go to the University (if for technical reasons it was necessary that this money should be paid over to the Hong Kong Government it could be passed on immediately to the University

(ii)

(iii)

(iv)

(v)

(vi)

as a corollary to (i) it should be ascertained whether the University was in fact competent to administer C. D. & W. grants and if not arrangements made for it to do so.

it should be ascertained whether Hong Kong had been informed at any stage of the conditions attaching to C. D. & W. grants

a Public Announcement should be made decling

with the two capital items as soon as possible

a telegram should be sent to the Commissionur General, South East Asia to discover whether the preliminary reactions of the Australian Government to the sugestion that they might contribute to the endowment fund had been obtained; later the matter should be taken up with the Australian Government through the Commonwealth Relations Office.

Hong Kong should be informed that the Governor

had, conditionel upon the Treasury

agreeing to subscribe £250,000 to the

endowment fund, suggested that Hong Kong might also contribute £250,000.

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