TNAG-2765-FCO40-3982-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1993 — Page 19

U

RESTRICTED

Is

capital costs. Nor do we understand why it should be necessary for HMG to "buy its place on the policy board". Is it proposed HMG should get a share of the profits?

this not in any case encroaching on the Council's territory, even supposing funds could be found (which I think unlikely, given PES pressures).

It is encouraging to know that in setting up a separate

scholarship scheme with the private sector you believe we

may be able to raise as much as £350,000 in matching

funds. I have put down a marker in my 1993 TMR return for an extra £100,000 in scholarship money, There is no

guarantee that the funds will be forthcoming. But I am still pressing for the once again, this is not intended

to be negative. But if we are to put a significant number of our eggs into this basket later in the decade, we need to be convinced that it will support the weight.

CO Hum

RESTRICTED

cornish.0112.SCHO.SH