TNAG-2483-FCO40-3614-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1992 — Page 188

"24-JAN-1992 18:15

· 23-JAN-1992 17:10

BRITISH TRADE COMM

RR

231

P.02

7.01

FAX TRANSMISSION

BRITISH TRADE COMMISSION IN HONG KONG

9th Floor Bank of America Tower 12 Harcourt Road Hong Kong Mail Address GPO Box No 528 Hong Kong

Telex HX 73031 Cablo Address Uktrade Hong Kong Telephone 5230176

FAX NUMBER: 8452870

RECEIVER FAX: 071 210 6812

PAGE 1 OF 1

DATE:

.23 January 1992

MJ Long Esq, CRD, FCO

TO:

FROM:

J Smith-Laittan

for Michael

#

UK/HK SCHOLARSHIP SCHEME

Thank you for your letter of 17 January with which you enclosed a draft of the reply you propose to send to John Chan's letter of 21 October, 1991

27),

At the

I sit on the Scholarship Scheme Board as this office' s representative and we have the second and final meeting on Saturday 25 January to decide on this years scholarships. last Committee meeting, held the week before last, I faced a barrage of questions about the possibility of increasing the FCO contribution to the scheme. Reference was made to John Chan's letter of 21 October and I undertook to have a word with you if in fact a reply to it was still outstanding by the end of this month. Your letter was therefore very timely.

Any arrangements which will allow the Scheme to offer 9 new awards every year will, I think, be most welcome. The Committee decided sometime ago to bid for financial provision for 9 new scholarships a year, with an added financial provision to meet any inflation in maintainence costs in the UK. But I have a slight worry that the sums may not quite add up. Is the late Sir Shiu-kin Tang's bequest large enough to meet from interest on capital alone an increase from £85,000 to £210,000 a year? Subject to your confirmation that there is enough money from that source, then I agree the letter to John Chan should issue without further delay.

pcs 285/393/1

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23 JAN 1992

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