HC Deb 08 March 1976 vol 907 c30W
Mr. George Cunningham

asked the Minister for Overseas Development how much of the Government's returnable grant to the Crown Agents has been handed over to the Crown Agents and in which years; and what arrangements have been made as regards the interest accruing on the total sum promised.

Mr. Prentice

The recoverable grant of £85 million was credited to an account of the Crown Agents at the Bank of England on 24th December 1974. Since the assistance was provided in the form of a grant, no interest is payable on it by the Crown Agents to Her Majesty's Government.

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