CO129-625-3 Hong Kong University- rehabilitation (1950) 1-1-1950 - 31-1-1951 — Page 37

T

1

administering authority for C.Dow had presumably

As aw

funds. If so

we

tell H.K. Ao

soon as

better

possible so that

individual schemes can be prepared

submitted for

2.

approval

37

and

The other question of financial procedure dealt with in (35) opposite is the procedure for dealing with the £250,000 grant promised by 4.M.G. in the 1948 "Inancial Settlement. Both the Hike. Goot

and the University appear to be prepared to faul in with the accounting awangements

proposed in (19) and

presumably

there will be

no further difficulty in connection with thri

grant.

I

am strie not clear however at

What stage

stage and

under

what conditionis

ctually be paid Am I correct in

money

will act

this

grant.

over

hom

in assuming

from the fourth paragraphs of the letter

at (33) tral no

money

over from this

to the Treasury will actually be paid over grant untile a approved and

am

C. DoW scheme is

quivalent sun is

over under it? If so give H.K. the

can

90

the sooner

ahead so that

prepare schemes the better.

paid

We

they

Car can

Lame

going

pay

over

something to be

on with """ from the

from the 1948 grant

to enable work to be started

aim at keeping

and

and

simply

C.DrW expenditu

grant expenditure roughly in line?

2. There

Connectioni

money. I see

i

one

further point in

of the

with the parying

over

in (33) that reference

who

made (in fourthi para.) to approving the

plan

an

a

"

whole - presumably

presumably a plan

for £'/1⁄2 million capital expenditure covering