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Malaya (Rubber Fund)

Volume 480: debated on Monday 13 November 1950

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asked the Secretary of State for the Colonies what is the total amount of the Rubber Duty Fund in Malaya; for what purpose it is being used; and what proportion of it was used in 1949 for social development in the Federation of Malaya and Singapore, respectively.

I assume that my hon. Friend is referring to the cess which is collected on exports of rubber. That cess is paid into the Malayan Rubber Fund and is exclusively used to finance rubber research and development. I regret I am unable to say what the present amount of the fund is, but I will send my hon. Friend further particulars.