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ALU
CONFIDENTIAL
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In para. 7: We shall add the following proposal "replace 'international supply contract' by 'exempted supply contract' in section 16.".
We do not intend to amend section 89(4) of the Bills of Exchange Ordinance as suggested, because "foreign notes" is a well-established term in the commercial world and the Chinese translation does not have any
We are 'sovereignty' implications. prepared to justify this decision to the Chinese side if necessary.
Paper 7:
In para. 4(a) and4 4 (b) of the consultation paper: The reason for proposing the change from appointment made by the Chief Executive (CE) of Hong Kong special Administrative Region to that made by the Central People's Government (CPG) upon the nomination of the CE is that under Article 48 (5)
of the Basic Law, the Director of Audit, being one of the principal officials,
appointed and dismissed by the CPG nomination and recommendation of the CE.
In
will be the upon
para. 4(C): to obtain consistency with para. 4(a) and 4(b),
we shall replace the provision in section 6 for appointment by the Governor, with the prior approval of the Secretary of State, by a provision for appointment by the Central People's Government
the upon
nomination of the Chief
Executive.
In para. 4(g): we shall refer to section 16(1) generally, rather than only 16 (1) (b).
We
are enclosing a copy of the Audit (Amendment) Ordinance (no. 19/1993) and a copy of the updated loose-leaf edition of the Audit Ordinance (Cap. 122) for your information.
Paper 8:
As
We take note of and agree to your comments on the Analysis and Discussion paper. We do not,
give this paper to the Chinese side. however, no change is required to the Consultation Paper, we shall hand over this paper to the Chinese side shortly.
CONFIDENTIAL
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JENNENT MUUSE HUND KUNG.
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