TNAG-1836-FCO40-2611-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1989 — Page 30

CONFIDENTIAL

48

114161

MDLIAN 1427

CONFIDENTIAL

FM HONG KONG

TO PRIORITY FCO

TELNO 3553

OF 260235Z OCTOBER 89

HKB 011 12

HONG KONG TELNO 3504: EXECUTIVE COUNCIL

TOP Q DIST ?

AT THE PART I MEETING OF THE EXECUTIVE COUNCIL HELD ON 24 OCTOBER, THE GOVERNOR IN COUNCIL ORDERED THAT

(A) THE SECURITIES AND FUTURES COMMISSION (LEVY) (FUTURES CONTRACTS) ORDER SHOULD BE MADE: AND

(B) THE CUSTOMS AND EXCISE SERVICES (AMENDMENT) BILL 1989 SHOULD BE INTRODUCED INTO LEGCO SUBJECT TO DELETING IN CLAUSE 7, THE PROPOSED NEW SECTION 17 BA AND IN CLAUSE 10 SUBSTITUTING DOLLARS 5,000 FOR DOLLARS 1,000.

WILSON

YYYY

ΜΑΙΝ

15

MINIMAL HKD

NNNN

DISTRIBUTION

15

PAGE

1

CONFIDENTIAL

Page 30Page 31