HC Deb 05 March 1964 vol 690 c250W
51. Mr. Biggs-Davison

asked the Secretary of State for Commonwealth Relations whether he will give an assurance that the right of holders of four per cent. stock 1972–1974 of the Government of the Federation of Rhodesia and Nyasaland to sue the Liquidating Agency under Section 10(3) of the Dissolution Order in Council will not be nullified by the exercise of the power conferred upon the Governors of the three territories of the former Federation under Section 2(3) of the said Order in Council.

Mr. Hornby

Section 2(3) of the Order in Council could not be applied in such a way as to alter the provisions of the Order itself. I do not however understand the hon. Member's reference to Section 10(3) of the Order, since the stock mentioned was not vested in the Liquidating Agency but directly apportioned amongst and transferred to the Territories under Section 16 of the Order.

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