Typescript and printed cabinet papers and parliamentary papers on events in Egypt [‎47v] (94/520)

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VIII.—Suez Canal (contd.).
VIII.—Suez Canal {contd.).
settled, the Egyptian Govern
ment and His Majesty’s Govern
ment will determine in concert
the status and management of
the Canal after the expiration of
the concession.
VIII. — Suez Canal {contd.).
*
IX.—Tribute Loans.
20. Nil.
X.—Retirement and compen
sation of officials.
21. Nil.
\
IX.—Tribute L ans.
20. The sums which the Khe
dives ot Egypt have from time
to time undertaken to pay over
to the houses by which the
Turkish loans secured on the
Egypti au tribute were issued,
will be applied as heretofore by
the Egyptian Government to the
interest and sinking funds of
the loans of 1894 and 1891 until
the final extinction of those loans.
The Egyptian Government
will also continue to apply the
sum hitherto paid towards the
interest of the guaranteed loan
of 1855.
Upon the extinction of these
loans of 1891, 1891 and 1855,
all liability on the part of the
Egyptian Government arising
out of the tribute formerly paid
Egypt to Turkey will cease.
X.—Retirement and compen
sation of officials.
21. I he Egyptian Government
shall be entitled to dispense with
the services of British officials at
any time alter the coming into
force of the treaty on condition
that such officials shall receive
monetary compensation as here
after provided, in addition to any
pension or indemnity to which
their conditions of service may
entitle them.
On the like condition British
officials shall be entitled to resign
at any time after the coming
into force of the treaty.
The scheme shall apply to
pensionable and non-peusionable
officials as well as to employees
of municipalities, provincial
councils or other local 1 todies.
22. An official dismissed or
retiring under the terms of the
preceding clause shall receive in
addition to compensation a re
patriation allowance sufficient to
cover the. cost of transporting
himself, his family and his house
hold goods to London.
IX.—Tribute Loans.
20. The sums which the Khe
dives of Egypt have from time
to time undertaken to pay over
to the houses by which the
Turkish loans seemed on the
Egyptian tribute were issued,
will, be applied as heretofore by
the Egyptian Government to the
interest and sinking funds of
the loans of 1891 and 1891 until
the final extinction of these loans.
Upon the extinction of these
loans of 1894 and 1891, all
liability on the part of the
Egyptian Government arising
out of the tribute formerly paid
by Egypt to Turkey will cease.
{Based on attitude taken up by
Sulky Pasha An Ottoman title used after the names of certain provincial governors, high-ranking officials and military commanders. in his discussions
with the Treasury.)
X.—Retirement and compen
sation of officials.
21. The Egyptian Government
shall be entitled to dispense with
the services of foreign officials at
any time within three years alter
the coming into force of the treaty
on giving six months’ notice and
on condition that such officials
wheie pensionable shall re» eive
monetary compensation as here
after provided, in addition to any
pension or indemnity to which
their conditions of service may
entitle them.
Foreign pensionable officials on
giving six months’ notice shall be
entitled to resign at any lime with
in threeyeaisaftei the coming into
force of the treaty, and in addition
to their earned pension or indem
nity shall receive 50 per cent, of
the compensation provided in the
preceding paragraph.
Certain classes of non-pension-
able officials when asked to retire
may at the discretion of the
Egyptian Government be treated
as though their service had been
pensionable.
22. An official dismissed or
retiring under the terms of the
preceding clause shall receive, in
addition to compensation, a re
patriation allowance sufficient to
cover the cost of transporting
himself, his family and his house
hold goods to his country of
origin, provided that he leaves
Egypt within six months.