"F-82 82/27 I: نفط قطر" [و‎‎٢‎٩‎٤] (٧٣٠/٦١٤)

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10.
of the first sub-paragraph of this article on the following
lines: "The Company shall he and remain a British Company
registered in Great Britain, having its principal place of
business in Great Britain, and the Chairman shall at all
times be a British subject, subject to these conditions
wia to the approval of the Sheikh and on conditions to be
laid down by him, it shall have the right to transfer this
agreement to another commercial company etc." it was also
agreed that Mr. Warner's suggestion might be put to the
Company•
The meeting then considered the second sub-paragraph of
Article 12. Mr. Laithwaite said that it seemed most important
that the terms on which the subsidiary commercial companies
should be formed should be subject to the prior approval of
1 agreed.
H.M.G./ Mr. Starling suggested that (following the example
of the British Gil Development Concession) we might Insert
the words "under its own control" after the words "subsidla^'
commercial companies" and might also provide that any such
companies should enjoy the rights and privileges and assume
the engagements of the parent company. It was agreed that
this should be put to the A.P.O.C.
Cn a general point Mr. Laithwaite said that it might
be desirable to emphasise to the A.P.O.C. representatives
that while we were prepared to regard their draft concession
as generally satisfactory (subject to their meeting us over
assignment, etc.) they were not to assume that if
a egotiat ions between the A.P.O.C. and the Sheikh broke down
we were in any way permanently committed to these terms. If
other competitors came into the field the competitive offers
put up would have to be considered one against another. The
meeting agreed.
Article 13