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Mr. Malcolm MacMillan
asked the Secretary of State for Scotland what action he is taking this year to ease the financial burden on sheep-stock holders of indebtedness at high interest charges to the Department of Agriculture for Scotland?
Mr. Colville
In terms of the moratorium now current no charges in respect of interest will accrue until Martinmas, 1940, and all payments which borrowers are able to make to the Department during this period will accordingly go in reduction of the outstanding capital debt.