TNAG-2764-FCO40-3981-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1993 — Page 26

for

a

RESTRICTED

This probleon has been dragging on

робить

long tione. Now that we are wilton Sight of the finishing line, we should press on. I see no alternative to paying she gang for the recessaly legal imper There fore support,

Agreed. Pl.

123/4

Ms Saunders

Mr Ricketts)

rate

Pa Scholarships +

Може

SK Tam

Mr Mage (35

FROM: R S Moore

Qu

Hong Kong Department

DATE: 22 April 1993

Poor's Recommendation.

Stuck

On

تاما

Pan

for

amory may papers ols. There it precedent for using the Ausers to "Compel's Opinion (on the Lourd of final Appeal).

SK TANG BEQUEST: PAYMENT FOR ADVICE FROM TREASURY SOLICITORS

Mr

fill in a

form

нут

C45/5

Problem

1 #refore agree.

Polish

eth 4/5-

1. We will have to pay legal fees to the Treasury Solicitors for advice given by them on how we should best administer the

SK Tang bequest made to HMG in 1986.

to cover these costs?

Recommendation

Where to find the funds

HKB 285/1

RECEN

INGISTRY

MAY 1993

DESK

REGISTRY

2. I recommend we use funds up to £3,0xfrom HRD's Action Taken allocation of Mr Hum's 1993/4 AUS Programme Budget.

B

und and Arqument

3.

Shortly before his death in 1986 Sir S K Tang bequeathed

HMG £1 million as a foundation fund from which the accrued

interest was to be used for charitable purposes.

It was

agreed that one third would go to the Institute of Cancer Research (ICR) and two thirds to fund the study of Hong Kong students in the UK, preferably under the administration of the

British Council. The capital itself was to be left untouched.

4. Since 1986 the funds have remained in Hong Kong and have

legalfees.2204

RESTRICTED