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"CLEARLY, SUCH MATTERS ARE HIGHLY SENSITIVE IN NATURE AND THERE BE NO HARD AND FAST RULES AS TO HOW THESE SHOULD BE HANDLED, MR NENDICK SAID.

FREQUENTLY, DIPLOMATIC EXCHANGES WERE REQUIRED TO RESOLVE SUCH MATTERS AMICABLY, HE ADDED.

THE SECRETARY SAID SOMETIMES THE HONG KONG GOVERNMENT MIGHT NEED TO SEEK REPRESENTATION IN FOREIGN COURT PROCEEDINGS ΤΟ EXPRESS ITS INTEREST.

IN CASES WHERE HONG KONG'S TRADING INTERESTS WERE ADVERSELY AFFECTED, THE GOVERNOR MIGHT ALSO, AS A LAST RESORT, CONSIDER FRUSTRATING SUCH ATTEMPTS UNDER THE PROTECTION OF TRADING INTEREST ACT 1980 (HONG KONG) ORDER 1990.

IN THIS CONNECTION, THE HONG KONG ASSOCIATION OF BANKS HAD BEEN ASKED TO REMIND ITS MEMBERS THAT ANY EXTRATERRITORIALLY CASES SHOULD BE BROUGHT TO THE NOTICE OF THE GOVERNMENT AS SOON AS POSSIBLE.

GENERALLY, MR NENDICK SAID, A DEPOSIT HELD WITH A HONG KONG BRANCH OF A FOREIGN BANK WOULD BE GOVERNED BY HONG KONG LAW.

IF THIS WAS THE CASE, SUCH PAYMENT OBLIGATIONS COULD SET ASIDE UNDER HONG KONG LAW.

ONLY BE

OCCASIONS,

"NOTWITHSTANDING THIS, A FOREIGN GOVERNMENT MAY, ON BY MEANS OF INJUNCTIONS IN ITS OWN COURTS OR BY ITS OWN ADMINISTRATIVE ACTION, ATTEMPT TO FREEZE ASSETS HELD IN THE HONG KONG BRANCH OF A BANK WHICH IS WITHIN ITS TERRITORY AND SUBJECT то THE JURISDICTION OF ITS COURTS, HE SAID.

SHOULD SUCH CASES AROSE, A CUSTOMER WOULD HAVE ACCESS HONG KONG COURTS TO ENFORCE HIS CONTRACTUAL RIGHTS, HE SAID.

ΤΟ

THE

ENVIRONMENT A FACTOR IN CHOICE OF DREDGING SITES

**

THE GOVERNMENT SELECTS SITES FOR SEA-SAND DREDGING WHERE SAND CAN BE RECOVERED ECONOMICALLY AND WHERE THE ENVIRONMENTAL IMPACT WILL BE ACCEPTABLE.

THIS WAS STATED BY THE SECRETARY FOR PLANNING, ENVIRONMENT LANDS, MR TONY EASON, IN A WRITTEN REPLY TO A QUESTION BY REV THE FUNG CHI-WOOD.

HE SAID PRELIMINARY ENVIRONMENTAL ASSESSMENTS WERE CARRIED AS PART OF THE FEASIBILITY STUDIES FOR IDENTIFYING THE SITES.

FILL

MANAGEMENT

THE FINDINGS ARE CONSIDERED BY THE WHICH IS CHAIRED BY THE DIRECTOR OF CIVIL ENGINEERING.

AND

HON

OUT

COMMITTEE

/DRENGITS FOR