The text on this page has been created from Hansard archive content, it may contain typographical errors.
7.
Colonel WEDGWOOD
asked the Secretary of State for the Colonies whether he is aware that the annual rent or tax paid by the settlers in Kenya for the land they occupy is reckoned at so many cents per acre; that the change in the Kenya currency has not halved the value of the cent in relation to the florin, and that the result of the change has been to halve rents paid by the settler when cents were 100 to the florin; and how do the Government expect to make good the revenue so lost?
Mr. CHURCHILL
Article 5 (3) of the Kenya and Uganda (Currency) Order in Council, 1921, provided that
The difficulty which the hon. and gallant Member anticipates will not, therefore, arise."Where any contract entered into or instrument made before the commencement of this Order provides for the making of any payment in terms of cents, the contract or instrument shall have effect as if for references to any number of cents there were substituted references to twice that number of cents of a shilling."