TNAG-2764-FCO40-3981-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1993 — Page 104

布政司署

教育統籌科

香港下亞厘畢道

EMB CR 2/26/2041/66 III

本署檔號 OUR REF.:

來函檔號 YOUR REF.:

Mr Michael Long

Foreign & Commonwealth Office

Culture Relations Department

London SW1A 2AH

United Kingdom

Dear

In Lang.

-

31

EDUCATION AND MANPOWER BRANCH

GOVERNMENT SECRETARIAT,

Lower Albert Road,

Hong Kong.

3 July 1992

PCS 285/393/1

10JUL 9%

UK/HK Scholarships Scheme

I was delighted to receive your letter of 20 March 1992 in which you agreed to improve the effectiveness of the UK/HK Scholarships Scheme. I am most grateful to you for your support in this matter.

You agreed that nine new scholarships should be established from 1993-94 to 1996-97, to be funded equally by UK and HK, with the UK contribution to be covered by up to two-thirds of the interest from the late Sir Shiu Kin Tang Bequest.

This was the option set out in paragraph 10 and Appendix II of the UK/HK Scholarships Committee's paper enclosed with my letter of 21 October 1991.

per

annum

Subsequently, the Royal Hong Kong Jockey Club has also agreed to increase its annual commitment, but by £100,000 for 3 years starting in 1993-94. This funding option was detailed in paragraph 11 and Appendix III of the UK/HK Scholarships Committee's paper. This arrangement would also enable nine new scholarships each year to be established, although for a shorter period.

From the point of view of the Jockey Club, a fixed annual commitment is easier to approve and to administer. Since the difference between the two options is nominal, and since £100,000 per annum for 3 years from 1993-94 falls within the two-third accrued interest of the Sir Shiu Kin Tang Bequest, can I assume that you will not have any difficulty in following the Jockey Club's chosen option? The review of the scheme in 1994-95 will, of course, address the question of levels of funding in the longer term.

Pending your reply a draft press release is being prepared, and I shall seek your clearance before it is issued.

Yar sincers.

AL Mear

2

(John Chan)

Secretary for Education and Manpower