§ 73. Mr. T. Reidasked the Chancellor of the Exchequer what settlement has been reached with the Ceylon Government regarding the double taxation system which prevented British firms from tendering for the Colombo Harbour Development Scheme costing about £6 million.
§ Mr. JayDuring the past few weeks discussions for a double taxation agreement with Ceylon have been taking place 31W in London, and agreement at the official level has now been reached. We are awaiting confirmation of the agreement by the Ceylon Government.