TUESDAY, AUGUST 7, 1990
3
FREEZING OF IRAQI AND KUWAITI ASSETS IN HONG KONG
IN
HONG
AN ORDER HAS COME INTO OPERATION PROHIBITING PERSONS KONG FROM GIVING EFFECT TO ANY DIRECTIONS TO MAKE PAYMENTS OR PART WITH ANY GOLD OR SECURITIES IF THE DIRECTIONS ARE GIVEN BY OR ON BEHALF OF THE GOVERNMENTS OF KUWAIT OR THE REPUBLIC OF IRAQ OR BY OR ON BEHALF OF ANY PERSONS RESIDENT IN THOSE COUNTRIES.
THE ORDER ALSO COVERS DIRECTIONS TO MAKE ANY CHANGE IN THE PERSONS TO WHOSE CREDIT ANY SUM IS TO STAND OR то WHOSE ORDER ANY GOLD OR SECURITIES IS то BE HELD. THE ONLY EXCEPTION TO THE PROHIBITION IS WHERE THE TRANSACTION IS PERMITTED BY THE FINANCIAL SECRETARY.
TO
A GOVERNMENT SPOKESMAN SAID TODAY (TUESDAY) THAT ACCORDING INFORMATION RECEIVED FROM THE FOREIGN AND COMMONWEALTH OFFICE THE ORDER IN COUNCIL HAD BEEN MADE ON AUGUST 6 AND CAME INTO OPERATION FORTHWITH.
"THE TERMS OF THE ORDER ARE SIMILAR TO THOSE ALREADY MADE FOR THE UNITED KINGDOM ITSELF AND ENSURE THAT THE FREEZING OF KUWAITI AND IRAQI ASSETS IS MATCHED IN HONG KONG, HE SAID.
APPLICATIONS FOR PERMISSION
ΤΟ BE EXEMPTED FROM THE MAY BE MADE ΤΟ THE MONETARY ADMIRALTY CENTRE, 18 HARCOURT
PROHIBITIONS CONTAINED IN THE ORDER AFFAIRS BRANCH, 24TH FLOOR, TOWER 2, ROAD, HONG KONG. PACSIMILE MESSAGES MAY BE SENT то 865 6116. TELEPHONE ENQUIRIES ABOUT THE APPLICATION PROCEDURE MAY BE MADE TO THE DEPUTY SECRETARY FOR MONETARY AFFAIRS ON TEL. 529 0021.
"IT SHOULD HOWEVER BF RECOGNISED THAT IT MAY TAKE A FEW DAYS BEFORE ANY EXEMPTIONS CAN BE GRANTED AS IT WILL BE NECESSARY TO ENSURE THAT THESE ARE MADE ON A CONSISTENT BASIS. THE SPOKESMAN SAID.
AIRMAIL SERVICES TO KUWAIT SUSPENDED
* *
SERVICES то KUWAIT ARE
THE NOTICE,
DUE TO THE CLOSURE OF THE KUWAIT AIRPORT, ALL AIRMAIL INCLUDING LETTERS AND PARCELS, SPEEDPOST, AND POSTFAX
EFFECT UNTIL SUSPENDED WITH IMMEDIATE POSTMASTER GENERAL, MISS ELLE SHUM, ANNOUNCED TODAY (TUESDAY).
FURTHER
ACTING
THE PUBLIC WILL BE ADVISED AS SOON AS SERVICES ARE RESUMED.
MEANWHILE, SURFACE LETTERS AND PARCELS TO KUWAIT WILL TO BE ACCEPTED.
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