Mr. Speaker, I wish to advise the House of the rescinding of the approval granted to the Government of Bermuda to purchase from the Trustees of the Sandys Secondary School, for a purchase price of One Million Bermuda dollars for the unencumbered freehold interest of the 2.5-acres, namely lots 1, 2, 3 and 4 situated at the site of Sandys Secondary Middle School.
Mr. Speaker, let me first declare my double interest:-