TNAG-2483-FCO40-3614-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1992 — Page 185

24-JAN-1992 18:17

would

finance over and above whatever then available in the way

of annual current interest (say £85,000) plus possibly the

£40,000 still from FCOSAS. At that point (or before) there

would therefore need to be a fairly drastic review of the

number of candidates who could be funded.

It is very difficult to come to conclusions about the

Scheme's financing at this end. Would it be imposing unduly

upon you to ask if you could clarify the present financial

situation of the S K Tang Bequest, ie how much accrued and

current interest is available, and then discuss with/explain

to John Chan that we are prepared to provide the necessary

additional contributions providing costs can be contained as

above? Subject to what you then report we will prepare a

formal reply to his letter of 21 October.

I am copying this letter to Ms Doherty in Hong Kong

Department.

M J Long

Overseas Students Policy Section

Cultural Relations Department

cc: Ms Doherty, HKD

CHJABI

TOTAL P.05