TNAG-2395-FCO40-3482-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1992 — Page 12

CONFIDENTIAL

CONFIDENTIAL

FM HONG KONG

TO PRIORITY FCO

TELNO 2515

HKA 011/2

OF 1608OOZ OCTOBER 92

TOP COPY Q DIST?

HONG KONG TELNO 2432

24

143125

MDLIAN 8725

ра

1. AT THE PART I MEETING OF THE EXECUTIVE COUNCIL HELD ON 13 OCTOBER, THE COUNCIL ADVISED AND THE GOVERNOR ORDERED THAT

(A) (MEMORANDUM XCC (92)150 REFERS)

-

WITH IMMEDIATE EFFECT, THE HYAKUJUSHI BANK LIT. SHOULD BE GRANTED A BANKING LICENCE UNDER SECTION 16(1) OF THE BANKING ORDINANCE, SUBJECT TO THE CONDITIONS SET OUT AT ANNEX TO THE MEMORANDUM: AND

(B) THE FOLLOWING BILLS SHOULD BE INTRODUCED INTO THE LEGISLATIVE COUNCIL

(I) GAMBLING (AMENDMENT) BILL 1992 (XCC (92)155): AND (II) TRUSTEE (AMENDMENT) BILL 1992 (XCR(92)164).

PATTEN

YYYY

ΜΑΙΝ

63

DISTRIBUTION

72

.HK POLICY

HKD

PUSD

FED

LEGAL ADVISERS//MS BARRETT

.AND MS BROOKS

NEWS D

PLANNERS

RAD

PS

PS/MR GOODLAD SIR J COLES MR APPLEYARD

MR HUM

ADDITIONAL

9

CAOFF//SIR R BRAITHWAITE

PAGE

MAOFEN/MRI_CHARLTON

1

CONFIDENTIAL