.
If a British officer is appointed to reside at Pretoria or elsewhere
within the South African Republic to discharge functions analogous to
those of a Consular officer, he will receive the protection and
assistance of the Republic.
ARTICLE IV.
The South African Republic will conclude no treaty or engagement with
any State or nation other than the Orange Free State, nor with any
native tribe to the eastward or westward of the Republic, until the same
has been approved by Her Majesty the Queen.
Such approval shall be considered to have been granted if Her Majesty's
Government shall not, within six months after receiving a copy of such
treaty (which shall be delivered to them immediately upon its
completion), have notified that the conclusion of such treaty is in
conflict with the interests of Great Britain or any of Her Majesty's
possessions in South Africa.
ARTICLE V.
The South African Republic will be liable for any balance which may
still remain due of the debts for which it was liable at the date of
Annexation, to wit, the Cape Commercial Bank Loan, the Railway Loan, and
the Orphan Chamber Debt, which debts shall be a first charge upon the
revenues of the Republic. The South African Republic will moreover be
liable to Her Majesty's Government for L250,000, which will be a second
charge upon the revenues of the Republic.
ARTICLE VI.
The debt due as aforesaid by the South African Republic to Her Majesty's
Government will bear interest at the rate of three and a half per cent.
from the date of the ratification of this Convention, and shall be
repayable by a payment for interest and Sinking Fund of six pounds and
nine pence per L100 per annum, which will extinguish the debt in
twenty-five years. The said payment of six pounds and nine pence per
L100 shall be payable half yearly, in British currency, at the close of
each half year from the date of such ratification: _Provided always_,
That the South African Republic shall be at liberty at the close of any
half-year to pay off the whole or any portion of the outstanding debt.
Interest at the rate of three and a half per cent. on the debt as
standing under the Convention of Pretoria shall as heretofore be paid to
the date of the ratification of this Convention.
ARTICLE VII.
All persons who held property in the Transvaal on the 8th day of August
1881, and still hold the same, will continue to enjoy the rights of
property which they have enjoyed sinc
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