TNAG-1664-FCO40-2313-Hong-Kong-telecommunications-1987 — Page 23

B

36

CONFIDENTIAL #

Annex A

For dicussion

on 31 May 1983

MEORANDUM FOR EXECUTIVE COUNCIL

XCC (33) 59 21

Copy o

Telephone Ordinance (Chapter 269)

TRANSFER TO A SUBSIDIARY OF PART OF THE CONCESSION AND UNDERTAKING OF HONG KONG TELEPHONE COMPANY

Introduction

On 23 November 1982, after considering nemorandum XCC(82)141, Members advised and the Governor ordered that certain changes should be made to the Scheme of Control applied to the Hong Kong Telephone Company Limited (Telco). Amongst these changes was the exclusion from the Scheme of Control of certain services which are

exclusive not

to Telco, that is, those which can be obtained by the public elsewhere or are not an essential part of the telephone service.

2.

The

purpose

of this

memorandum is to seek

Members' consent under the provisions of the Telephone Ordinance for the transfer by Telco to a subsidiary

of certain company

Telco's concession and undertaking related to services to be excluded from its Scheme of Control.

Background

of parts

3.

The proposal that the Scheme of Control should apply only

only to those activities which form part of the public telecommunication system and are provided exclusively by Telco was approved on certain conditions, including a condition that the services excluded from the Scheme of Control should be carried out by a subsidiary of Telco rather than by Telco itself. A list of the services to be excluded from the Scheme of Controlis at Annex A. Subsequently, Telco reached preliminary agreement with the Government concerning the

the means whereby those assets of Telco germane to the services to be carried out by Telco's subsidiary company should be transferred to that company. A note

this recording

is which preliminary agreement, intended to serve as a working brief to effect the changes to the Scheme of Control approved on 23 November 1982, is at Annex B.

CONFIDENTIAL #

機密