CO_968_583_DEFENCE_OF_HONG_KONG_1957_1959 — Page 191

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the W. D. had no use for the lot (although I I am assured by the C. B. F. that there is such a use) then it would revert to this Government and, in accordance with the principles laid down in paragraph 5 of my telegram No. 262 compensation can only properly be based on cost of improvement and not on current land values, and if settlement is reached on this basis no deduction wpuad iba megsz

13.

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