TNAG-2815-FCO40-4061-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 219

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(c) That, consistent with the established policies and applicable

rules and decisions of the Bank and the Fund on the conduct of the meetings

of their Boards of Governors, the member in whose territory the meetings are

to be held is required to give to the Fund and the Bank written and binding

assurances with regard to the preparation for and conduct of the meetings,

in particular, concerning (i) the provision of the agreed contribution to

the meetings, and (ii) respect for the immunities and privileges of the Bank

and the Fund, including the prompt issuance of visas and the granting of

appropriate travel facilities without restrictions to participants in the

meetings.

3. In light of the above, the Bank and the Fund would require the standard

formal written assurances from the responsible member country in whose

territory the meetings are to take place--namely the U.K. prior to 1 July

1997 and, thereafter, the P.R.C.. It would then be open to the member on

its part to agree on the appropriate financial, legal and other necessary

internal arrangements with any part, region, or subdivision of its territory

that has a direct or special interest in the hosting of the meetings, in

this case, Hong Kong.

£00/7000

O CE *e* ANTI-ART THOMA

996 CZ9 7070

PE:8T

£6/60/80

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