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Southern Rhodesia (Outstanding Loans)

Volume 720: debated on Friday 19 November 1965

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asked the Chancellor of the Exchequer, in view of Her Majesty's Government's assumption of lawful responsibility for Southern Rhodesia, if Her Majesty's Government will now assume responsibility for the servicing and redemption of all outstanding loans incurred by former Governments of Southern Rhodesia.

No. Her Majesty's Government have assumed no additional responsibility for Southern Rhodesia. The servicing and redemption of all outstanding loans lawfully incurred by the legal Government of Southern Rhodesia, and its predecessors, remain the responsibility of that Government.