South Atlantic Fund

HC Deb 15 July 1992 vol 211 c821W

Mr. Colin Shepherd

To ask the Secretary of State for Defence what information he has about the future of the South Atlantic Fund.

Mr. Archie Hamilton

The South Atlantic Fund is an independent body, for which its own trustees are responsible. I understand from the trustees that they are today announcing that the fund is to close on 31 December 1992. The balance of money in the fund will be disbursed, in appropriate shares, to the single service benevolent funds, which have given assurances that they will use this money to meet any future needs arising out of the Falklands conflict for as long as it is necessary.