TNAG-0767-FCO40-971-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 164

Reference No: BC7 57950

7.

TERMS OF REPAYMENT OF LOAN:

UK and local element

17 equal and consecutive half-yearly instalments, the first payable at month 54 and the last at month 150 from date of contract

*(ie based on contractual programme shown in paragraph 9

below)

8.

MAXIMUM AMOUNT OF LOAN:

9.

a UK element

b

Local element

Total amount to be Guaranteed

Value £ £131,410,000

23,190,000 (to include drawings made

direct by the borrower)

£154,600,000

CONTRACTUAL PROGRAMME:

Date of contract assumed December 1978

a

Shipment

Commence Complete

(Months from date of contract)

2

53

b

Erection

Commence Complete

4

63

Commissioning

Commence

*N.B.

Complete

S&

28

67

The repayment terms will vary should there be any change in the contractual programme.

2.