TNAG-1173-FCO40-1465-Future-of-Hong-Kong-special-study-by-FCO-for-the-Prime-Minis-1982 — Page 304

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IN THE EVENT OF CONSTITUTIONAL CHANGE HMG MAY BE PRESSED TO TAKE OVER THIS LIABILITY IN RESPECT OF HONG KONG. SO LONG AS HMG HAS EFFECTIVE POWERS IN RELATION TO THE TERRITORY, IT MAY BE POSSIBLE TO RESIST THIS PRESSURE.

CONTINGENT LIABILITY OF HMG

7. IF, HOWEVER, CONSTITUTIONAL CHANGES IN RESPECT OF HONG KONG TAKE PLACE AND HMG ARE UNABLE TO MAKE SATISFACTORY ARRANGEMENTS FOR THE PAYMENT OF PENSIONS, ETC. BY THE GOVERNMENT

OF THE TERRITORY, OR IF THAT GOVERNMENT SUBSEQUENTLY DEFAULTS ON PAYMENTS, HMG MAY BE OBLIGED TO ASSUME LIABILITY FOR THE HMOCS PENSIONS AND ALSO PERHAPS FOP SOME OTHER PENSIONS AS

WELL.

FIGURES INVOLVED

8. (OPEN SQUARE BRACKETS) TO FOLLOW (CLOSE SQUARE BRACKETS).

PYM

MINIMAL

HR+GD

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