B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued

61

ACCOUNT. 1925-1926. 1BP6-1927 rr „„ EXPENDITURE. WM-liHI. Gross. Gross. £ s. d. £ a. d. £ s. d. Expenditure under Section 295 (2) of the Land Act, 1924, — 8,631 17 4 Expenses of administration .. .. .. .. .. .. .. 7,626 3 4 550 0 0 Expenditure under Section 83 (3) of the Land Act, 1924 Land Act, 1924, Section 297 (a), and New Zealand Universities Amendment Act, 1914, Section 32, —• 12,501 13 10 Payment to Universities of portion of National Endowment residue .. .. .. 12,649 7 0 ' « Land Act, 1924, Section 297 (6), — 75,010 3 3 Transfer to Vote—Education of portion of National Endowment residue .. .. 75,896 1 9 Land Act, 1924, Section 298,— 37,505 1 8 Portion of National Endowment residue applied for payment of Old-age Pensions .. 37,948 0 11 Land Act, 1924, Sections 139, 295, and 357, — 15,241 13 7 " Halves," " Thirds," and " Fourths " paid over to Local Bodies' Deposit Accounts .. 14,159 14 10 Transfer to National Endowment Trust Account of sales of land previously credited to National Endowment Account, —- 45 5 0 Land Act, 1908, Section 267 8 13 Land Laws Amendment Act, 1912, Section 16 53 6 3 Public Revenues Act, 1926, Section 40, — Temporary transfers to other Accounts .. .. .. .. .. .. 4,000 0 0 Balance at end of Year, — 26,393 9 8 Cash in the Publio Aocount .. .. .. .. .. 43,212 1 10 100,100 0 0 Investment Account .. .. .. .. .. .. .. 86,100 0 0 — 129,312 1 10 126,493 9 8 £275,987 5 7 Totals .. .. .. .. .. .. .. £281,591 9 8 TRUST ACCOUNT. £ s. d. £ s, d. £ s. d. 1,746 0 0 Expenditure under Section 3 of the Land Laws Amendment Aot, 1922 Expenditure under Section 49 (2 and 3) of the Land for Settlements Act, 1925, — Amount transferred in respect of settlement land converted into National Endowment land .. .. .. .. .. .. .. .. .. 54 0 0 Land Act, 1924, Seotion 139,— 27 2 8 " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. 52 15 10 Balance at end of Year, — 516 7 6 Cash in the Publio Account .. .. .. .. .. .. 5,448 13 8 19,690 0 0 Investment Account .. .. .. .. .. .. .. 19,690 0 0 25,138 13 8 20,206 7 6 £21,979 10 2 Totals .. .. .. .. .. .. .. £25,245 9 6 SETTLEMENT ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 2,881 6 6 Vote—Native LandPurchase Expenses .. .. .. .. .. .. 3,657 9 10 Expenditure under Section 417 of the Native Land Aot, 1909, — 52,987 3 6 Subsection (a), Acquisition of Native Lands .. .. .. .. .. 57,708 6 3 23,760 18 1 Subsection \b), Survey of Native Lands .. .. .. .. .. 15,029 18 3 Subsection (e), Roads, Bridges, and preparing Native Lands for settlement .. 15,549 17 10 Subsection (/), Improving, developing, and protecting Native Lands .. .. 2,194 10 8 — 90,482 13 0 76,748 1 7 Urewera Lands Aot, 1921-22, Section 10, — 1,466 3 4 Interest on Debentures .. .. .. .. .. .. •• •• 1,466 3 4 Land Act, 1924, Section 21, — 3,972.18 1 Expenses of administration recouped to the Consolidated Fund .. .. .. 3,155 11 11 85,068 9 6 Carried forward .. .. .. .. . • j •• 98,761 18 1 Note. —-In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.