TNAG-0448-FCO40-513-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1974 — Page 143

SECRET

OF FEBRUARY AND OF ANY STERLING PURCHASED DURING MARCH WILL BE

AT CURRENT MARKET PRICES ON THE LAST WORKING DAY OF MARCH,

4. FOR THE PURPOSES OF THE NEW DECLARATION, HOWEVER, IN WHICH A SIMILAR ACCIDENTAL BREACH PROVISION APPEARS, THE ONLY INTERPRETATION

WHICH WILL BE ACCEPTABLE TO HMG IS THAT DESCRIBED IN PARAGRAPH

1 ABOVE.

CALLAGHAN

ORWELL DISTRIBUTION

FRD

HKIOD

2

SECRET

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