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The Federation of Rhodesia and Nyasaland (Dissolution) Order in Council 1963

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PART C

British South Africa Company Investments Limited Loan: 5%, 1966-78—to Southern Rhodesia.

Housing Loan from Southern Rhodesia Government: 4½%, 1975—to Southern Rhodesia.

Southern Rhodesia Government (Interim Expenditure) `A' Loan: 5%, 1954-79—to Southern Rhodesia.

Southern Rhodesia Government (Interim Expenditure) `B' Loan: 4¾%, 1954-79—to Southern Rhodesia.

Housing Loan from Northern Rhodesia Government: 4½%, 1974—to Northern Rhodesia.

Federal Government Promissory Notes for Internal Floating Debt—as follows:—

Of the total amount of Federal Government Floating Debt (Promissory Notes) outstanding at the date of dissolution, the portion relating to expenditure from Federal Loan Account up to 30th June 1963, and to Funded Debt redemptions during the period 1st July 1963 to 31st December 1963, to an amount not exceeding £7,410,070, shall be apportioned

52.120%

to Southern Rhodesia.

37.127%

to Northern Rhodesia.

10.753%

to Nyasaland.

Any balance of Floating Debt outstanding as ascertained by the Liquidating dating Agency shall be apportioned between the Territories in direct relation to the net expenditure from Federal Loan Votes in or on behalf of each Territory during the period 1st July 1963 to 31st December 1963, except that such of the balance as is outstanding in respect of money lent by the Federal Government to statutory corporations shall be apportioned by the Liquidating Agency among the Territories.

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