TNAG-0761-FCO40-965-Budget-of-Hong-Kong--1978-1979-1978 — Page 108

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6. WE ARE GOING TO EXCO TOMORROW ON A MAJOR BILL TO CHANGE AND WIDEN THE AMBIT OF TAX ON INTEREST (IE AS IN THE INLAND REVENUE COMMITTEE'S REPORT WITH CERTAIN CHANGES ON THE RECOMMENDATION OF THE OFFICIAL WORKING PARTY).

7. I MUST ASK YOU TO BE VERY RESTRICTIVE IN THE DISTRIBUTION OF THIS AND SUBSEQUENT TELEGRAMS ON THIS SUBJECT AND OF HADDON-CAVE'S NOTE.

MACLEHOSE

FILES

HRCGD (5)

PS/LORD GORONWY ROBERTS

MR

CORTAZZI

MR MURRAY

COPIES TO

MR SMITH ECONÒ

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