TNAG-0381-FCO40-427-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 132

G.F. 323

0003230

機密

CONFIDENTIAL ##

MINISTER

OF

STATE

TREASURY

(c) overdrafts and short term advances in sterling must be netted against official sterling reserves and total official external Overdrafts and short-term advances reserves.

in other currencies must be netted against total official external reserves.

Notification of average rate

7.

The Bank of England will at the end of each month advise the Government of Hong Kong, or its agent, of the cumulative average rate.

Entry into effect and duration

8. The provisions of this Declaration will come into effect

on 25 September 1973 and will remain in effect until 31 March 1974, unless extended with or without modifications for a further period.

3chn

Zehn distt.

Made at London this eleventh day of September 1973

For the Government of the United Kingdom of Great Britain and Northern Ireland:

機密

CONFIDENTIAL #