93
the loan being
interest-genee until that
time.
the wan being interest-free time-
until that
amstance
grant and
shored
take the form of
equal proportion's.
the money provided was a grant, the other half being
an interest free loan.
consideration of
it S. The terms of repayment of the loan granted
under Scheme No. D.1066 were left-over
wheed until
-time
of the making of that scheme for consideration in
1952☛ The Vegetable Marketing Organisation is in fact
A
making provision for repayment over the next three
years. It is suggested that the terms of repayment of
of the present loan should likewise be left over for Frea
years,i.e. until 1954, unless in the meantime
the Vegetable Marketing Organisation passed out of
Government control into the control of a co-operative
society in which case the question of repayment should
be considered at the time of the changeover.
56.
AQ
would
The usual financial summary is attached.
Colonial Office.
May
April, 1951.