§ 38. Mr. Biggs-Davisonasked the Secretary of State for Commonwealth Relations why, in view of the terms of the prospectus of the four per cent. stock 1972–1974 of the Government of the Federation of Rhodesia and Nyasaland, Federal assets have been distributed without reference to the stockholders; and what request has been made to the Liquidating Agency that no further assets should be distributed without such reference.
106W
§ Mr. SandysNo reference was made to the stockholders because the Governments of Northern Rhodesia, Southern Rhodesia and Nyasaland, as the successors of the Federal Government, are assuming the Federal assets and the corresponding liabilities in agreed proportions, including liabilities to stockholders. The answer to the second part of the Question is, "None".