§ Sir Bernard Braineasked the Lord Privy Seal what are the total funds held by the board of the British Phosphate Commission on behalf of the partner Governments; and what would be the proportions accruing to the United Kingdom, Australian and New Zealand Governments, respectively.
§ Mr. RidleyAt 30 June 1980, the total funds employed by commissioners were about Australian dollars 51 million, of which over A$ 17 million represented pension funds. Since then dollars 14.5 million have been paid to the Banabans. The commissioners will have further liabilities to meet in connection with their eventual dissolution. Any funds remaining after dissolution will be distributed among partner Governments in the proportion United Kingdom 31.5 per cent., Australia 47.5 per cent. and New Zealand 21 per cent.