HC Deb 30 May 1938 vol 336 cc1658-9W
Mr. David Adams

asked the Secretary of State for the Colonies what sums have been received each year from 1925 up to the latest year for which figures are available in Income Tax from companies operating in Northern Rhodesia; what grants have in the same years been made to Northern Rhodesia from the Colonial Development Fund; and what Government loans and repayments between this country and Northern Rhodesia have been made in the same years?

Mr. M. MacDonald:

With regard to the first part of the question I am asking the Acting Governor for particulars of the Income Tax payments made to the Northern Rhodesia Government by companies operating in the Territory.

Since the Colonial Development Act was passed in 1929, the following loans and grants have been made from the Colonial Development Fund to the Government of Northern Rhodesia:

Grants. Loans.
£ £
Total approved 168,677 262,000
Total issued to date Issued: 114,964 254,883
1930–31 17,176 9,500
1931–32 11,405 5,383
1932–33 16,688
1933–34 19,101
1934–35 20,114 240,000
1935–36 17,964
1936–37 4,554
1937–38 7,962

Loans from the United Kingdom Exchequer to the Northern Rhodesia Government.

Loans-in-aid were made from the United Kingdom Exchequer to the Northern Rhodesia Government amounting to £38,000 in 1924–25 and £100,000 in 1925–26. These loans were repaid by the Northern Rhodesia Government as follows:

£50,000 in 1927–28,

£10,000 in 1929–30,

£75,000 in 1930–31, and

the balance in 1933.

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