HC Deb 25 June 1928 vol 219 cc10-1
19. Mr. COUPER

asked the Secretary of State for the Colonies if the present company working the copper ore mines in Cyprus hold them on lease; if so, what is the period of the lease and who were the lessors; and if the Cyprus or British Government derive any benefit in the form of royalties or otherwise?

Mr. AMERY

The company holds the mines on a lease from the Cyprus Government for a period of 50 years from 1915. Provision is made in the lease for the payment of royalties to the Cyprus Government.

Mr. COUPER

Is that company a British company registered in this country, or it is a foreign company?

Mr. AMERY

I understand that it is an American company.

Mr. COUPER

Was it open to a British company to get this lease?

Mr. AMERY

I should have to have notice of that particular question. Certainly, it is no part of our policy to exclude foreign countries in helping to develop the Colonies.