TNAG-1270-FCO40-1620-Financial-policy-in-Hong-Kong-1983 — Page 104

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

DSR 11 (Revised)

DRAFT:

FROM:

minute/letter/teleletter/despatch/note

RAD Clift

DEPARTMENT:

SECURITY CLASSIFICATION

TO:

Top Secret

Secret

Confidential

Restricted

Unclassified

PRIVACY MARKING

J S Beastall Esq

HM Treasury

SUBJECT:

TEL. NO:

TYPE: Draft/Final 1+

Reference

Your Reference

Copies to:

..In Confidence

CAVEAT...

Enclosures-flag(s).......

HONG KONG: HMG'S LIABILITY

1. Thank your for your letter of 4 October. I

apologise for the delay in replying.

2. We have consulted our/Legal Advisers. The formula

to which you refer (which as you will remember was

discussed with you when the Study of August 1982 was

prepared) was not produced by them. They did concur in

it but the second sentence involves a political

judgement.

3. On the legal position, our present legal adviser

considers that "financial obligations of the Hong Kong

Government" are in law the debts of the Crown, acting in

right of Hong Kong. It is correct that the Crown has in

the same capacity reserved the right to legislate in

respect of Hong Kong (Article IX of the Letters Patent).

In that sense it is free to legislate under the royal

prerogative át any time and acting in right of Hong Kong,

in order to establish from which particular resources

those debts are to be discharged.

However, such

prerogative legislation in right of Hong Kong could not

SECRET

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