Member for Douglas South (Mrs Beecroft) to ask the Treasury Minister –

Pursuant to his response to written question 25 in June Tynwald:

a) whether there is any penalty for non-compliance with the terms of the

extension to the loan;

b) whether 6% interest on the loan is at a commercial rate;

c) what security there is for the loan; and

d) what the other operational activity referred to in his previous answer is?

YouTube HD: https://youtu.be/hsQkRmfW6d8

All July Tynwald oral questions can be found here:
www.manx.net/tv/mt-tv/isle-of-man-news-archive/July/2018