B.—l [PT. IJ.

PUBLIC ACCOUNTS, 1924-1925.

LAND FOR SETTLEMENTS ACCOUNT.

29

1923-1924. 1924-1925 „ , EXPENDITURE. „ a ' Net. Gross. I £ s. d Annual Appropriation,— £ s. d. £ a. d. 3,963 5 9 Vote —Land for Settlements Expenses .. .. .. .. .. 8,323 6 8 Expenditure under the Land for Settlements Act, 1908, Section 82,— 399 0 6 Acquirement of Estates .. .. .. .. .. .. .. 153,181 12 6 12,943 5 6 Expenses incidental to Estates .. .. .. .. .. .. 39,753 18 4 — 192,935 10 10 13,342 6 0 Expenditure under Section 20 (4) of the Discharged Soldiers Settlement Amendment Act, 1923 (Payment to Discharged Soldiers Settlement Account in respect of amount added to the Capital Value of Land) .. .. .. .. .. 6,910 0 0 Expenditure under Section 3 (4) of the Land Laws Amendment Act, 1922 (Amount appropriated from receipts from Sale of Crown Lands in respect of Settlement Lands proclaimed Ordinary Crown Land or National Endowment Land for disposal under the Land Act) .. .. .. .. .. .. .. .. 14,299 7 6 Expenditure under Section 83 (3) of the Land Act, 1924 (Payment in respect of value of improvements) .. .. . . .. .. .. .. .. .. 780 0 0 V -» Expenditure under Section 20 (3) of the Land Act, 1924 (Payment in respect of Land obtained for Government Works, now deemed to be Settlement Land) .. 1,130 13 0 Interest under Section 208 (8) of the Land Act, 1924 .. .. .. .. .. 64 4 9 156 3 10 Interest under Subsection (8) of Section 191 of the Land Act, 1908 ' .. 96 1 4 Recoupments under the Finance Act, 1919, Seotion 4, — 367,876 6 6 Interest .. .. .. .. .. .. .. .. 372,299 4 6 11,715 5 3 Sinking Fund .. .. .. .. .. ■ .. 11,762 9 6 — 384,061 14 0 379,591 11 9 629 14 3 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 26 8 9 Land for Settlements Act, 1908, Sections 82 and 42 (6), — Reooupment to Ordinary Revenue Account of amount charged thereto for reduction 392 4 7 ' of Funded Debt .. .. .. . . .. .. .. .. .. 411 19 8 Amortization of Debt, — State Advances Act, 1913 - 19,007 0 0 Sinking Fund under Section 26, Subsection 6 (6) .. .. .. .. .. 16,237 0 0 Transfer to Loans Redemption Account for redemption of Debentures as under— 26,000 0 0 Land for Settlements Aot, 1908 .. .. .. .. .. .. 40,000 0 0 10,000 0 0 Land Laws Amendment Aot, 1913 .. .. .. .. .. .. 10,800 0 0 New Zealand State-guaranteed Advanoes Aots, 1909 and 1910 (Land for Settle1,250 0 0 ments Branch) .. .. .. .. — 50,800 0 0 37,250 0 0 Transfer to Loans Redemption Acoount for redemption and cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Debentures as under — New Zealand Loans Act, 1908 — 10,300 0 0 Land for Settlements Act, 1908 .. Finance Act, 1924, Section 16 .. .. .. .. .. 100,000 0 0 ——— 100,000 0 0 Amount credited to Reoeipts on account of Capital Value of Land under the Land Act, 1908, Section 191, in previous years, now transferred to Discharged Soldiers 7,190 0 0 Settlement Account Land Laws Amendment Act, 1913, Section 63, and Appropriation Act, 191S, Section 42, — Amount transferred to Land for Settlements Account (Opening up Orowu Lands for 40,000 0 0 Settlement Account) .. .. .. .. .. .. .. .. 15,000 0 0 Charges and expenses of raising loans, — New Zealand Loans Act, 1908— 14 5 0 Land for Settlements Act, 1908 (redemptions) 5 7 6 Land Laws Amendment Act,1913 (redemptions) .. .. .. .. 9 17 6 New Zealand State-guaranteed Advances Acts, 1909 and 1910 — Land for Settlements Branch (redemptions) .. .. .. .. 59 10 5 Land for Settlements Branch (renewals) .. .. .. .. .. 2 17 6 Stamp Duty on transfers of New Zealand Consolidated Stock, 1944— New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements Branch) .. .. .. .. .. .. .. 57 14 7 130 0 0 19 12 6 Balance at end of Year, — 42,508 8 8 Cash in the Public Account .. .. .. .. .. .. .. 1,731 13 0 Imprests outstanding— 4,290 15 5 In the Dominion.. .. .. .. .. .. .. .. 1,671 1 11 100,000 0 0 Investment Account .. .. .. .. .. .. 57,500 0 0 60,902 14 11 146,799 4 1 £652,641 2 9 Totals .. .. . . .. .. .. .. £852,109 1 5 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as formerly. For the purposes of comparison a summary showing the net expenditure will be shown on page 71.