HC Deb 28 November 1962 vol 668 c72W
Mr. Hastings

asked the Secretary of State for Commonwealth Relations what assistance the East African Common Services Organisation has sought in connection with its responsibility for meeting half the cost of its compensation scheme.

Mr. Tilney

The position has been studied and Her Majesty's Government, in agreement with the East African Governments, had agreed to make available an interest-free loan of up to £4 million, repayable in nineteen equal annual instalments after a six year grace period. The first payment of £1.372 million will be made on 3rd December, 1962, to assist with the second payment of instalments of compensation. The House will be asked, in due course, to vote the necessary supplementary Estimate. In the meantime, an advance is being made from the Civil Contingencies Fund.

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