TNAG-2815-FCO40-4061-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 269

M(93) 14

(b)

CONFDENTIAL

186

careful

with regard to the latter,

consideration should be given to the

presentational aspects of the Finance

Committee submission, which should

the possible

exclude reference to

contribution from the Exchange Fund.

IN ATTENDANCE

Mr J. YAM - Chief Executive, Hong Kong Monetary Authority

Mr

N.

CHAN

Executive Director, Hong Kong

Monetary Authority

Mr W.P. Services)

TAM

Deputy Secretary

(Financial

A166

DRUG TRAFFICKING (RECOVERY OF PROCEEDS)

(CHAPTER 405)

ORDINANCE

PROPOSALS ON THE SHARING OF ASSETS CONFISCATED FROM DRUG TRAFFICKERS : XCC (93)55

DECISION

The Council ADVISED and the Governor ORDERED

that

request from the United States

(a)

the

Government,

confiscated

in the LAW

for a share of the assets

by the Hong Kong Government

Kin-man case should be

accepted on the basis of a 50:50 share