TNAG-1981-FCO40-2814-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1989 — Page 309

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UK/HONG KONG SCHOLARSHIP SCHEME

INTERVIEWS FOR POTENTIAL SCHOLARS FOR THE 1989/90 ACADEMIC YEAR

TAKE PLACE ON 14 FEBRUARY. THE SECRETARIAT SUGGEST THAT ONLY 8

SCHOLARS ARE SELECTED WHICH WILL MEAN ANOTHER UNDERSPEND (SOME POUNDS STERLING 83,800). TOTAL UNDERSPEND FOR FIRST TWO YEARS WILL THEN BE POUNDS STERLING 244,000. WE HAVE EXPRESSED THE VIEW THAT FUNDS WILL BE BADLY UNDER-UTILISED IN THESE EARLY YEARS. SECRETARIAT RESPONSE IS THAT A CONTINGENCY FUND IS REQUIRED IN CASE YOUR END 1989 REVIEW RESULTS IN CLOSURE OF SCHEME. HAYWARD SAID HE THOUGHT

THIS UNLIKELY. IN ANY CASE IT WOULD BE USUAL TO RUN DOWN SUCH A

SCHEME NOT (NOT) STOP IT OVERNIGHT SO ANYONE WITH TIME TO FINISH WOULD BE PROTECTED. WE ASSUME TOO THAT THE S K TANG BEQUEST MONEY

IS AVAILABLE IN PERPETUITY.

WE WOULD LIKE TO ENCOURAGE HIGHER UTILISATION OF AVAILABLE FUNDS.

GRATEFUL ADVICE. DID LETTER ISSUED TO BRITISH COUNCIL AS FORSEEN IN YOUR TELNO 1969 TO HONG KONG ET SEQ? SHOULD THE S K TANG FUNDS

NOW BE WITH THE COUNCIL?

HOLLOWAY

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