CONFIDENTIAL AND PERSONAL
W h has been borne by HMG. They think it not
unreasonable that the bulk of the increase beyond
50% should be paid for by Hong Kong. But I gather
that, during Sir William Jackson's visit, sums of about
HK$30 million were discussed, leaving a gap of
HK$50 million.
If you think a review is now possible,
it would be very helpful if we could have some sort of
advance indication of the sort of ceiling figures which
you think might be saleable to ExCo.
8.
Incidentally, on looking through the files it
appears that no final copy of the Memorandum of Understanding
was sent to you. I attach one now, with apologies for
the omission. A copy in draft was originally sent to
Hugh Norman Walker on 11 November 1971 (our reference
HIKK 10/9) by Michael Laird. Peter Lloyd accepted it
on behalf of your Government in his letter to Gaminara
of 3 February 1972 (your reference SCR 20/1486/70 II).
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