TNAG-2473-FCO40-3600-Asian-Development-Bank-liabilities-of-Hong-Kong-1992 — Page 123

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MOV came into operation pending selection of the appropriate successor to the 1966 dollar for valuing the Bank's capital stock.. Under the provisional arrangements, settlement of MOV obligations has been held in abeyance.

5.

Finally, you may also wish to take into account future payments and note encashments in respect of any paid-in portion next general capital of Hong Kong's subscription to the increase (GCI IV). The relevant amounts will depend on the

GCI IV, which are yet to amount and composition of GCI determined.

be

CC: Executive Director for Hong Kong

Treasurer (on return)

officer-in-Charge, TD

Mr David R. Parker

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