TNAG-2957-FCO40-4236-Future-of-Hong-Kong-British-Consulate-General-Colvin-House--1993 — Page 40

RESTRICTED

IN

Mr

нут

HKD 406/1

05FEB 1993

0 Take:

If you alt toodemelten,

wheir reblades the wastein 1 ay

/Mimisia Stavey Canettes

PS/Mr Goodlad

مقا

-8 JAN 1993

FROM: P F Ricketts

Hong Kong Department

DATE: 8 January 1993

cc: Mr Bertram, OED

Miss Brooks,

Legal Advisers

the Casulate Generd. Cite

い

FUTURE CONSULATE-GENERAL IN HONG KONG: PRIVATE TREATY GRANT

(PTG)

Problem

1.

How to resolve remaining differences between ourselves and

the Hong Kong Government over the terms of the Private Treaty

Grant (PTG) under which we will be granted the Colvin House

site.

Recommendation

2.

I recommend that we enlist the aid of the Constitutional

Affairs Bureau (CAB) and if necessary take the matter to the

Governor

-

to secure better wording on compensation in the event of expropriation than HKG have so far offered.

Background

3. The leasing of land in Hong Kong is at the discretion of the

Sino-British Land Commission (LC). Under the terms of the LC

the future SAR will receive 50% of the premium generated by

approved leases. In the case of the Colvin House site, Exco's

decision to grant the land at nominal cost was approved by the

Since then we have been negotiating with the Building and

LC.

fut.con.NAT.jrb

RESTRICTED

9