§ (ii) Non-recoverable contributions to His Majesty's Government in the Commonwealth of Australia towards expenditure on land settlement schemes and on other schemes primarily for the benefit of agriculturists or the development of agriculture:
§ 2. Colonial Development Act, 1929.—As shown by the detailed schedules with the First and Second Interim Reports of the Colonial Development Advisory Committee (Command 3540 and 3876), the total amount of assistance from the Colonial Development Fund (to be spread over several years) sanctioned up to 31st March, 1931, was £2,636,569 (loans £979,402: free grants £1,657,167), of which £487,000 was issued in respect of the period to 31st March, 1931. The territories concerned are primarily agricultural, and although it is not possible to state how much of the assistance sanctioned is for the benefit of agriculturists, it may be taken that the greater part is directly or indirectly for the benefit of agriculturists or the development of agriculture.224
§ 3. Palestine and East Africa Loans Act, 1926.—Guarantees have been given of the interest and principal of a loan of £4,475,000 raised by Palestine and a loan of £2,070,000 raised by Tanganyika. In addition, sanction was given up to 31st March, 1931, for expenditure to the amount of £3,070,735, in the case of Tanganyika and £3,206,404 in the case of Nyasaland, to be met from loans* to be raised in due course and guaranteed under the Act. The general purposes for which the guaranteed loans are to be used are set out in the Schedules to the Act, and although it is not possible to state how much of the loans is for the benefit of agriculturists, the remarks under "Colonial Development Act, 1929" above apply here also.
§ 4. Special free grants or loans to Colonies etc. and Institutions, from moneys voted by Parliament, for assistance to agriculturalists or the development of agricultural resources.
|Imperial College of Tropical Agriculture, Trinidad (in addition to grants from the Empire Marketing Fund under III, 1. below)||20,000|