TNAG-1271-FCO40-1621-Financial-policy-in-Hong-Kong-1983 — Page 16

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DD 290100Z HONG KONG

GRS 125

SECRET

SECRET

DESKBY 29010OZ

FM FCO 281515Z NOV 83

TO IMMEDIATE HONG KONG

TELEGRAM NUMBER 1260 OF 28 NOVEMBER

COPY

104

seellos see (10

3253 1

-

HKK 10017

NO

FOLLOWING PERSONAL FOR GOVERNOR FROM CLIFT

YOUR TELNO 1830 :

ORIEL: FINANCIAL CONTINGENCY PLANNING

1.

I AM REPLYING IN THE PUS'S ABSENCE AND WITH SIR J BULLARD'S

AGREEMENT. WE HAVE SPOKEN TO THE TREASURY WHO HAVE DISCUSSED

WITH THE BANK. IN FACT BLYE HAD ALREADY TELEXED DAVID HOLLAND

IN THE BANK OF ENGLAND DIRECT. HOLLAND WILL BE AWAY AT THE TIME

BUT A LUNCH HAS BEEN FIXED AT THE BANK OF ENGLAND ON 5 DECEMBER

HOSTED BY GOODHART AT WHICH PERETZ WILL BE PRESENT. THIS SHOULD

PROVIDE A GOOD OPPORTUNITY FOR DETAILED DISCUSSION WHICH CAN

CONTINUE LATER AS NECESSARY. IT IS ENVISAGED THAT AT THE LUNCH

THEY CAN DISCUSS POSSIBLE MEETINGS WITH OTHERS AND ALSO THE NEED

FOR A FURTHER DISCUSSION BEFORE BLYE'S RETURN TO HONG KONG.

HOWE

NNNN

DISTRIBUTION

LIMITED

HD/HKD

PS

PS/PUS

SIRS BULLARD AR GIFFARD MR DONALD

1

SECRET