TNAG-0648-FCO40-796-Study-of-labour-relations-in-Hong-Kong-by-Professor-H-A-Turn-1977 — Page 119

CONFIDENTIAL

4. (AS IN THE FIRST TWO SENTENCES OF YOUR LAST PARA.) HE WILL

MAKE PAYMENTS AGAINST ACCOUNTS AND RECEIPTS PRESENTED BY YOU. HE WILL ALSO BE AUTHORISED TO PERMIT VIREMENT AS BETWEEN 3(B), (C) AND (D) AT YOUR REQUEST, IN ACCORDANCE WITH THE REQUIRMENTS OF THE STUDY AS IT DEVELOPS PROVIDED THE ORIGINAL SUM OF THESE HEADINGS IS NOT EXCEEDED.

5. I WOULD BE GRATEFUL IF YOU WOULD TELEGRAPH YOUR COMMENTS OR

ACCEPTANCE OF THESE TERMS.''

6. NOTE: FROM OUR POINT OF VIEW IT WOULD BE MORE CONVENIENT IF

THE SUMS SPECIFIED WERE IN HONG KONG DOLLARS OTHERWISE WE WILL BE INVOLVED IN THE VAGARIES OF A FLOATING RATE OF EXCHANGE. IF YOU AGREE YOU MIGHT LIKE TO MAKE THE CONVERSION IN YOUR LETTER TO TURNER.

MACLEHOSE

FILES

H R 2 G D

OLA

MR CORTA ZZI

MR MURRAY

2

CONFIDENTIAL