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•VI
PUBLIC
Amoant
of
Original Debt
£60,000
£254,000
Amonnt
repaid
£20,478 ls. 4d.
£106,790
Amoont onUt&nding
at en*1 of year
under R e n e w
£39.5*1 18s. 8d.
£147,210
To
whom dne
Imperial Treaaury
Imperial Treasury
Bate
of
1
merest
3 per cent.
and 1 per
cent.
Sinking
Fund.
34; per cent.
I
i
I
NOTE.—Under an Annex to the Convention of 4th June, J 878, between Great
Britain and Turkev the former Power undertook to pay to the Porte annually
a sum representing the excess of Revenue over Expenditure calculated on the
average of the five voars Drecedinir the date of the Convention, excluding the
ml
1
'
'
produce of State and Crown lands let or sold during that period. The amount to
be paid was determined to be £57,686 per annum ; this to be in addition to
4.166,220 okes of Salt to be paid in kind.
The sum of £113 lis. 3d. per annum also became payable, under
the same Annex, since the 4th September, 1884, when the Cyprus Government
took over the administration of the Lighthouse Service in the Island. This sum
represents 22% of the receipts of the Ottoman Lighthouse Administration which
the Sublime Porte enjoyed under the concession granted the Company lor
lighting the ('oast of Cyprus.
By a further Agreement of 3rd February, LS79, a further sum ot £5,000
v/;is to be paid annually to the Porte in respect of the produce of State lands-.