TNAG-2378-FCO40-3457-Hong-Kong-nationality-British-Nationality-(Hong-Kong)-Act-19-1991 — Page 147

Direct line

TEL No.071-215-4701

dti

the department for Enterprise

18 Jan 91 17:45 No.032 P.01

cedur Fifoot

Сс

Mr Paul

+ me.

الس

Mr John Morris

Hong Kong Department

FCO

Whitehall

London SW1

071 215 5273

Our ref

Your net

18

Date

Dear

January 1991 John

NATIONALITY

Department of Trade and Industry

1-19 Victoria Street London SW1H (ET

Enquiries

071-215 5000

Telex 8811074/5 DTHQ G

Fax 071-222 2629

During a recent telephone conversation I mentioned some general concerns I had about how some of the companies on the consolidated list of British undertakings being prepared by BTC fit in with the guidelines. These include the following:

Those undertakings being included under criteria (b) will I assume include a number of companies with shareholdings between 50 and 100%. How does this fit in with the term "wholly owned" companies used in the criteria?

(b)

How do we treat subsidiaries of British companies which have recently gone into receivership eg Polly Peck International which has a number of subsidiaries included in the list?

(c)

(a)

What view should be taken of companies whose parent is registered in the Isle of Man (Tech-Xecutive Society) or Jersey (G Maunsell associate companies included in David Smith's faxes of 9 and 15 January)?

There are a number of companies which are obviously British which do not seem to fit into the guidelines as they stand. These are the companies mentioned in BTC's List G included with their fax of 31 December and the Bank of Scotland and Oxford University Press (neither of which are registered at Companies House). It is possible that some of the companies included in List G meet other criteria (the NDC obviously does) but we may have unwittingly confused BTC by our previous comments that they were "other institutions" which we agreed "should be classed as British". Information that we have so far been able to gather on these is attached.

Enterprise

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Recycled Paper

Every effort is made to ensure that the information given herein is accurate, but no legal responsibility is accepted for any errors, omissions or misleading statements in that information caused by negligence or otherwise, and no responsibility le accepted in regard to the standing of any firms, companies or individuals mentioned.

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