TNAG-1950-FCO40-2778-Hong-Kong-Exchange-Fund-1989 — Page 90

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

provided that it is not secured. Thus, apparently, the limit set by the EFO can be circum- vented with ease and impunity; if right, then it hardly seems satisfactory.

16/3/89

this is

C.A. Whomossley

Legal

Advises.

Page 90Page 91

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