TNAG-1359-FCO40-1800-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1985 — Page 264

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10A

agree

variations.

The

Governor directed that there

should be further consultation with the Attorney

General's Chambers to ensure that the Bill was fully in

accordance with the Agreement. There would be benefit

in not complicating the legislation by trying to cover

these special cases, particularly if they were likely to

raise objections from the Chinese. Mr D. Akers-Jones

suggested that they might be excluded and dealt with

later by schedule.

Redacted Under FOI

Exemption Sec 27(1) (a)(c)(d)

4.

asked whether the formula for

calculating the cost of land production (paragraphs 27 -

Mr J.R. Todd

30) would take account of inflation.

confirmed that it would be indexed on an annual basis

but the appropriate means of indexing had still to be

devised. The Chief Secretary said, and it was agreed,

that the safest course was to try to construct

tailored index to measure the cost of land production.

a

5.

Leaving aside the question of how the proposals

should be dealt with in terms of paragraph 41, Members

agreed in principle to the recommendations at paragraphs

42-44, but subject to the outcome of the further

consultations with the Attorney General's Chambers and

their advice on whether the proposals accord with the

Agreement.

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