I am the first one to raise the 40%

B.A.2.4.16. Kuala Lumpur and London Talks on Malaysia- Agreement on Establishment of Federation by Malaya, Singapore, Sarawak, and Sabah The financial question s previously in dispute between Singapore and Malaya were settled in the following manner: (1) 60 per cent of the Federal revenue collected in Singapore would be paid to the Singapore Government and 40 per cent to the Federal Government: (2) to assist development in the Borneo territories, Singapore would make available to the Federal Government a 15-year loan of 100,000,000 Malayan dollars, free of interest for the first five years, and a 15-year loan of 50,000,000 Malayan dollars at current market rates in the Federation (i.e. 150,000,000 Malaya dollars in all or about £17,500,000). (Source: Keesing's Contemporary Archives- November 2-9, 1963) (Appendix C). Was the Sabah's portion fulfilled? Why the sharing proportion as with Simgapore not applied to Sabah? Was Article 8, on the Intergovernmental Committee recommendations fully complied? http://migs-sabah.blogspot.com/2007/06/submission-of-case-to-icc.html