APPENDIX L
IDENTIFICATION OF LOANS
Draft Note from the Representative of the United Kingdom
authorised to sign the Treaty of Establishment to Archbishop Makarios and Dr. Kutchuk
Your Excellencies,
I have the honour to refer to the Treaty concerning the
Establishment of the Republic of Cyprus of today's date and, as has been agreed between
us to place on record that the following are the loans referred to in paragraph 3 (b) (ii)
of Section 2 of Annex E thereof:-
(1) The loan of one million one hundred thousand pounds
sterling made on the 28th October, 1959, for general development;
(2) the loan of sixtyfour thousand five hundred pounds
made under Colonial Development and Welfare Scheme No. D 3813 of 1959 for village
irrigation; and
(3) the loan of one hundred and sixty thousand pounds
sterling made under Colonial Development and Welfare Scheme No. D 3827 of 1959 for Morphou
Bay water supply;
to the extent that the amounts of the loans have been
advanced to the Government of the Colony or will have been so advanced on the date of
entry into force of the Treaty.
I have the honour, &c.
Draft Reply by Archbishop Makarios and Dr. Kutchuk
Your Excellency,
We have the honour to acknowledge receipt of your Note of
today's date, which reads as follows:-
[text as above]
We have the honour, &c.
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