TNAG-1433-FCO40-1916-Leading-personalities-in-Hong-Kong-1986 — Page 55

HMLNAN 4922

RESTRICTED

90 FCOLN

00 PEKIN

FM HOKON TO FCOLN

17091OZ APR

GRS 250

RESTRICTED

FM HONG KONG

TO IMMEDIATE FCO

TELNO 1138

OF 17091OZ APRIL 86

ANFO #MMEDIATE PEKING

ADVANCE COPY

IMMEDIATA 0946/17

مسام

W

pa

(18)

Lectr Afele

не нка

но

HD FED

не

HO ERO

ECOND M.C

SIR W. Harding

Me haud.

ADVISERS.

x5

EXCHANGE FUND ADVISORY COMMITTEE

1. AS FORESHADOWED IN THE FINANCIAL SECRETARY'S STATEMENT TO THE

LEGISLATIVE COUNCIL ON 9 APRIL, THE GOVERNOR HAS APPOINTED TWO ADDITIONAL MEMBERS TO THE EXCHANGE FUND ADVISORY COMMITTEE. THEY

ARE MR. DAVID LI KWOK-PO, GENERAL MANAGER OF THE FAR EAST BANK

AND THE REPRESENTATIVE ON LEGCO OF THE FINANCIAL FUNCTIONAL

CONSTITUENCY, AND DR. KHIM CHAM YAU-SUM, AN ACCOUNTANT WHO IS AN APPOINTED LEGCO MEMBER.

2. MIFT CONTAINS A PRESS RELEASE THAT AS BEING ISSUED TODAY.

3. THE ROLE OF THE COMMITTEE HS TO ADVISE THE FINANCIAL

SECRETARY ON GENERAL POLICY RELATING TO THE DEPLOYMENT OF THE

EXCHANGE FUND'S RESOURCES AND ON ANY OTHER MATTERS WHICH THE

FINANCIAL SECRETARY FEELS #TS ADVICE MIGHT BE HELPFUL. T MEETS APPROXIMATELY 2-3 TIMES A YEAR, ALTHOUGH MEMBERS MAY ALSO BE CONSULTED BY THE FINANCIAL SECRETARY ON AN AD HOC BASIS.

4. GRATEFUL IF PEKING WOULD CONTACT MP. LW WHO 'S THERE FOR THE

BLDC MEETING, AND INFORM HIM THAT THE ANNOUNCEMENT HAS BEEN MADE

TODAY BECAUSE OF A PRESS LEAK.

YOUDE

HKRO10/1

RECEIVED IN REGISTRY

1 8 APR 1986

INDEX

PA

TRY

As ugg Taken

ABIS,