CONFIDENTIAL
FM HONG KONG
HKA 233/1
TO IMMEDIATE F C O
TELNO 1043
OF 13100OZ APRIL 92
242
CONFIDENTIAL
HKD Lead capt
076063 MDHIAN 0233
TOP COPY
Q DIST?
INFO ROUTINE UKREP JLG HONG KONG, PEKING, BTC HONG KONG
YOUR TELNO 625:
232
HMOCS CONSULTATIONS
THE HMOCS ASSOCIATION WOULD NOT CIRCULATE THE OPENING STATEMENT TO ALL HMOCS OFFICERS BECAUSE THEY FEARED IT WOULD PROVOKE A FLOOD OF ILL INFORMED REACTION WHICH WOULD BE DIFFICULT TO HANDLE.
2.
GIVEN THESE CIRCUMSTANCES WE HAVE CIRCULATED THE STATEMENT TO ALL HMOCS OFFICERS. WE ARE FAXING TO COX (HKD) A COPY OF OUR SHORT COVERING LETTER. THE ASSOCIATION WILL NOW CALL A GENERAL MEETING TO DISCUSS THEIR RESPONSE TO THE OPENING STATEMENT AND TO FORMULATE A REPLY BY 24 APRIL,.
3.
ACCORDING TO INITIAL REACTION FROM THE CHAIRMAN OF THE ASSOCIATION HOWEVER, THE STATEMENT IS NOT SEEN AS A REASONABLE STARTING POINT FOR NEGOTIATIONS. NEVERTHELESS THE ASSOCIATION SHOULD NOT REJECT IT AND WILL AIM TO COMMENT IN ACCORDANCE WITH THE TIMETABLE. WE BELIEVE THAT THE ASSOCIATION'S REACTION IS LIKELY TO CONCENTRATE ON -
(A)
(B)
(C)
A GENERAL RIGHT TO RETIREMENT WITH PENSION UPON THE CHANGE OF SOVEREIGNTY AS DETAILED IN THE 1960 WHITE PAPER AND AS ESTABLISHED BY PRACTICE AND PRECEDENT ELSEWHERE.
SEPARATION OF THE COMPENSATION AND INCENTIVE ELEMENTS.
THE ESTABLISHMENT OF FAIR RATES OF COMPENSATION AND INCENTIVE.
(D) PHASING ARRANGEMENTS AND THE TIMESCALE.
WILSON
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CONFIDENTIAL
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