HUBBARD ASSOCIATION OF SCIENTOLOGISTS INTERNATIONAL LIMITED

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Definitions

1. unless HASI Inc. is in full force the Central Organization may not sell memberships as they will be subject to tax and other complications. It is of considerable, even vital interest to all Association Secretaries and HCO Secretaries of the UK and Commonwealth that no transfer or property, funds, business, leases or goodwill from Hubbard Association of Scientologists International, Incorporated in Arizona, has ever been made to any other corporation. No property goodwill or assets was ever transferred to HASI Ltd. or to any smaller company anywhere in the world. Scn organizations in England, Australia and South Africa as well as Saint Hill are owned and operated by HASI Inc. Some years ago I sought to organize HASI Ltd. as a public corporation to receive these assets but for some reason no non-profit status was granted it by Inland Revenue of the United Kingdom. HASI Ltd. is dormant. (HCO PL 6 Nov 64)

2. HASI Ltd. is a public company, rather than a private company, and as such can advertise shares if the prospectus is okayed by the Registrar of Companies, UK. HASI Inc. does not become EIASI Ltd. HASI Ltd. is another corporation. It will receive the assets of HASI Inc. at a date to be announced later. This will be the "transfer date." Until this date HASI Inc. continues to run as itself. (HCOB 18 Jul 60)

3. according to general advices, HASI Ltd. is going forward according to schedule and will be a going concern by the 30th July. The opinion of Inland Revenue has been solicited and with some minor changes has been favorable to the corporation's having the status of non-profit. This makes the payment of income taxes in any country by any Central Organization unnecessary. There are however several steps you will have to take in order to complete this transfer from HASI to HASI Ltd. These steps consist of a total inventory and evaluation of all equipment, assets and materials held by each Central Organization. Also it is necessary for me to have an exact rundown of the total income from the beginning of each Central Organization to date. I also need an exact rundown of the debts and liabilities of each Central Organization. This is necessary in order to get permission from the Bank of England for the limited company to accept these liabilities. (HCO PL 27 Jun 59)