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(Sections 12 and 16.)

SCHEDULE IPUBLIC DEBT OF THE FEDERATION

PART A

Federation of Rhodesia and Nyasaland 4½% Local Registered Stock, 1970-73.

Federation of Rhodesia and Nyasaland 4½% Local Registered Stock, 1969-71.

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1974-76.

Federation of Rhodesia and Nyasaland 5¼% Local Registered Stock, 1975-77.

Federation of Rhodesia and Nyasaland 5¾% Local Registered Stock, 1979-81.

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1964.

Federation of Rhodesia and Nyasaland 6% Local Registered Stock, 1976-79.

Federation of Rhodesia and Nyasaland 5¼% Local Registered Stock, 1964.

Federation of Rhodesia and Nyasaland 6¼% Local Registered Stock, 1980-85.

Federation of Rhodesia and Nyasaland 6½% Local Registered Stock, 1981-86.

Federation of Rhodesia and Nyasaland 6½% Local Registered Stock, 1982-87.

Federation of Rhodesia and Nyasaland 5½% Local Registered Stock, 1965.

Federation of Rhodesia and Nyasaland 6½% Local Registered Stock, 1982-87 (No. 3/62).

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1965 (No. 4/62).

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1966 (No. 1/63).

British South Africa Company Investments Limited Loan: 5%, 1969.

Central African Airways `A' Loan: 6¼% 1959-67.

Central African Airways `B' Loan: 6¼% 1962-66.

Central African Airways `C' Loan: 6¼% 1963-67.

Central African Airways `D' Loan: 6¼% 1963-67.

Federal Power Board Loan: 6¼%, 1962-65.

Rhodesian Anglo American Limited Loan: 5½%, 1976-88.

Rhodesia Railways Contributory Pension Fund Loan: 6¼%, 1967.

PART B

British South Africa Company Loan: 5%, 1966-85.

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1977.

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1978.

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1959-79.

Federation of Rhodesia and Nyasaland 5% Local Registered Stock, 1960-80.

Federation of Rhodesia and Nyasaland 4½% Local Registered Development Bonds, 1957-84.

Federation of Rhodesia and Nyasaland 4½% Local Registered Development Bonds, 1958-85.

Federation of Rhodesia and Nyasaland 4½% Local Registered Development Bonds, 1959-86.

Federation of Rhodesia and Nyasaland 4½% Local Registered Development Bonds, 1960-87.

Federation of Rhodesia and Nyasaland 4½% Local Registered Development Bonds, 1961-88.

Federation of Rhodesia and Nyasaland 4½% Local Registered Development Bonds, 1962-89.

PART C

British South Africa Company Investments Limited Loan: 5%, 1966-78—to Southern Rhodesia.

Housing Loan from Southern Rhodesia Government: 4½%, 1975—to Southern Rhodesia.

Southern Rhodesia Government (Interim Expenditure) `A' Loan: 5%, 1954-79—to Southern Rhodesia.

Southern Rhodesia Government (Interim Expenditure) `B' Loan: 4¾%, 1954-79—to Southern Rhodesia.

Housing Loan from Northern Rhodesia Government: 4½%, 1974—to Northern Rhodesia.

Federal Government Promissory Notes for Internal Floating Debt—as follows:—

Of the total amount of Federal Government Floating Debt (Promissory Notes) outstanding at the date of dissolution, the portion relating to expenditure from Federal Loan Account up to 30th June 1963, and to Funded Debt redemptions during the period 1st July 1963 to 31st December 1963, to an amount not exceeding £7,410,070, shall be apportioned

52.120%

to Southern Rhodesia.

37.127%

to Northern Rhodesia.

10.753%

to Nyasaland.

Any balance of Floating Debt outstanding as ascertained by the Liquidating dating Agency shall be apportioned between the Territories in direct relation to the net expenditure from Federal Loan Votes in or on behalf of each Territory during the period 1st July 1963 to 31st December 1963, except that such of the balance as is outstanding in respect of money lent by the Federal Government to statutory corporations shall be apportioned by the Liquidating Agency among the Territories.

PART D

Federation of Rhodesia and Nyasaland 4% Registered Stock, 1972-74.

Federation of Rhodesia and Nyasaland 5% Registered Stock, 1975-80.

Federation of Rhodesia and Nyasaland 6% Registered Stock, 1976-79.

Federation of Rhodesia and Nyasaland 6% Registered Stock, 1978-81.

PART E

Federation of Rhodesia and Nyasaland 5¾% External Loan Bonds, 1973.

Barclays Bank D.C.O. Credit 5¾%, 1964.

The Standard Bank Limited Credit 5¾%, 1964.

PART F

International Bank Loan (197 R. N.), 1961-76.

PART G

(a) International Bank Loan (253 R. N.) 1962-69—to Southern Rhodesia.

(b) United Kingdom/Federation of Rhodesia and Nyasaland Credit Agreement, 1962—as follows:

The liability of £1,40,000 outstanding at 30th June 1963 is apportioned 52.120% to Southern Rhodesia, 37.127% to Northern Rhodesia and 10.753% to Nyasaland: the further liability incurred in the period 1st July 1963 to 31st December 1963 to be apportioned between the Territories in direct relation to the net Loan Vote Expenditure by the Federal Government in or on behalf of the Territories in this period, as ascertained by the Liquidating Agency.

(c) Foreign Operations Administration, Rhodesia Railways Loan, 1957-76—

The liability to be apportioned as agreed between Southern Rhodesia, Northern Rhodesia, and the lenders.

PART H

International Bank Loan (197 R.N.), 1961-76.

International Bank Loan (253 R.N.), 1962-69.

Foreign Operations Administration, Rhodesia Railways Loan, 1957-76.

Barclays Bank D.C.O. Credit 5¼%, 1964.

The Standards Bank Limited Credit 5¾%, 1964.