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(1)Any scheme under section 1 of the Colonial Development and Welfare Act 1959 made with respect to the East African Common Services Organisation shall cease to have effect on the appointed day, without prejudice to the making of payments in pursuance of the scheme on or after that day in respect of any period falling before that day.
(2)No loan under section 2 of the said Act of 1959 shall be made on or after the appointed day to the said Organisation; and section 4(3) of the Tanganyika Independence Act 1961 and section 4 of the Uganda Independence Act 1962 (by virtue of which loans may be made to that Organisation under the said section 2) shall cease to have effect on the appointed day, without prejudice to anything done by virtue of the said sections 4(3) and 4, or either of them, before that day.
(3)In this section "the East African Common Services Organisation" means the organisation established under that name by an agreement made on 9th December 1961 between the Governments of Tanganyika, Kenya and Uganda.
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