§ 111. Colonel Crosthwaite-Eyreasked the Secretary of State for the Colonies what interest has been paid on Palestine Government Bearer Bonds since the termination of the mandate to holders of such bonds resident outside Israel; and what arrangements have been made to ensure the payment of interest to such holders.
§ Mr. CookThe answer to the first part of the Question is "None." These Bonds were issued by the former Palestine Government, but His Majesty's Government, in winding up the affairs of that Government, have, following the signature of the Financial Agreement with the Government of Israel, given consideration to the question of dealing with them in the best interest of the Bond holders. Registration of all these Bonds is at present being carried out and a decision on the way in which they are to be dealt with must await its completion and also the outcome of the negotiations now in progress with the Hashemite Kingdom of the Jordan, which is an interested party.