TNAG-2103-FCO40-2995-Future-of-Hong-Kong-exchanges-with-the-Chinese-on-the-Basic--1990 — Page 32

CONFIDENTIAL

HKCO12/3

CONFIDENTIAL

FM FCO

TO DESKBY 13010OZ HONG KONG

Th

TELNO 539

OF 12150OZ MARCH 90

RECL

SJ RS

TRY

- @ APR 1998

PA

REGISTRY Actidh Taver

INFO IMMEDIATE PEKING, UKREP JLG HONG KONG

(63)

053403

MDHOAN 4824

MY TELNO 502 AND TELCON PAUL/LEEKS: BASIC LAW: ARTICLE 106

1.

WE UNDERSTAND FROM TELCON UNDER REFERENCE THAT TUR DOES NOT APPEAR TO HAVE BEEN RECEIVED. WE ARE REPEATING IT DESKBY 13010OZ. HOWEVER TIMING IS NOW EXTREMELY TIGHT: IDEALLY WE WOULD

LIKE PEKING TO TAKE ACTION ON ALL THREE BASIC LAW POINTS ON 13 MARCH. 2. WE THEREFORE PROPOSE THE FOLLOWING COMPROMISE. WE AGREE THAT PEKING SHOULD USE THE SPEAKING NOTE IN YOUR TELNO 796 BUT THAT THE END OF PARAGRAPH 3 SHOULD BE AMENDED AS FOLLOWS:

QUOTE . .HOPE THAT THE CHINESE WILL GIVE CAREFUL

CONSIDERATION TO THE ACCURACY OF THE TRANSLATION WHEN TAKING A FINAL VIEW ON THE TEXT OF ARTICLE 106. BUT MUST STRESS

THAT WHILE THIS WOULD GO SOME WAY TOWARDS MEETING OUR CONCERNS, IT COULD STILL NOT BE GUARANTEED THAT JUSTICIABLE ISSUES WOULD NOT ARISE UNQUOTE.

3. IF YOU ARE CONTENT, GRATEFUL IF PEKING, ON RECEIPT OF A TRIGGER TELEGRAM FROM YOU, WOULD TAKE ACTION AS SOON AS POSSIBLE ON ARTICLE 106, ARTICLE 24(4) AND VALIDITY OF THE BASIC LAW.

4.

WE WOULD ALSO BE GRATEFUL FOR YOUR VIEW ON THE SUGGESTED PUBLIC LINE IN PARAGRAPH 2 OF TUR

HURD

YYYY

ΜΑΙΝ

57

DISTRIBUTION

60

.HONG KONG AGREEMENT

.(RESTRICTED)

LIMITED

HKD

HD/FED

RESEARCH D (FE)

PAGE

PUSD NEWS D

PS/MR MAUDE

PS/LORD BRABAZON

MR GILLMORE

MR MCLAREN

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