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LAND FOE SETTLEMENTS ACCOUNT. Receipts and Payments Account fob the Year ended 31st Match, 1929. Receipts. Payments. £ s. d. To Balance, Ist April, 1928 — £ s. d. £ s. d. By Land-for-settlements expenses (vote) .. 2,152 13 6 Cash in Public Account .. 6,277 5 3 Acquirement of estates .. .. .. 3,951 3 9 Investment Account .. 180,325 0 0 Cost of development of Hutt Valley lands .. 53,(350 8 7 186,602 5 3 Road access to settlements, cost of surveys, &c. 6,790 15 11 Recoveries on account of expenditure of pre- Administration expenses .. .. .. 10,268 11 7 vious years .. .. .. .. 55 10 10 Recoupments to Discharged Soldiers SettleRents and royalties .. .. .. 388,066 19 8 ment Account in respect of amount added Sales of settlement land .. .. .. 59,353 14 3 to capital value of land under section 20, Interest on sales of settlement land .. 19,444 11 11 Discharged Soldiers Settlement Amendment Sales of Crown land .. .. .. 57,462 19 0 Act, 1923 .. .. .. .. 4,999 3 2 £ s. d. Expenditure under section 83 (3), Land Act, Interest on sales of Crown land 409 19 11 1924 (payment in respect of value of imLess refunds and adjustments 1,838 17 1 provements) .. .. .. .. 48 17 2 — Dr. 1,428 17 2 Interest under section 208 (8), Land Act, 1924 168 4 9 Buildings .. .. .. .. 598 0 3 Payments under section 49 (4), Land for Receipts under section 208, Land Act, 1924, Settlements Act, 1925 (amount appropriated on account of capital value of land .. 407 14 2 from sale of Crown land in payment of Te Wera Farm Account — sales of stock, settlement land converted into Crown land) 88 3 2 wool, &c. .. .. .. .. 10,284 10 8 Payments under section 105, Land for SettleReceipts under section 11 (2) (a), Hutt Valley ments Act, 1925, in respect of Crown lands Land Settlement Act, 1925 .. .. 98,500 0 0 proclaimed land-for-settlements land .. 441 11 6 Amounts received in respect of settlement Purchase of land for the Tupua Domain land converted into ordinary Crown land Board (Reserves and other Lands Disposal or national-endowment land (section 49, Act, 1926, section 3 (2) ) .. .. 480 0 0 Land for Settlements Act, 1925) .. 583 3 2 Payment to Public Trustee of proceeds from Interest on investments .. .. .. 11,545 6 5 sale of Waihi Domain (Reserves and other Rangitikei County Council, on account of Lands Disposal Act, 1926, section 10 (3) ).. 1,000 0 0 Turakina Domain Board (Reserves and Reclamation work at Kohukohu (Reserves other Lands Disposal Act, 1927, sec- and other Lands Disposal Act, 1927, section 25 (2)) .. .. .. .. 317 3 1 tion7) .. .. .. .. 258 14 0 Transfer from Native Land Settlement Ac- Payment of interest under section 13, Land count of moneys expended in opening up Laws Amendment Act, 1926, on proceeds land for settlement .. .. .. 218,628 19 2 from sales of.Crown land .. .. 110,804 19 0 Transfer of the unexpended balance of moneys To Wera Farm Account .. .. .. 8,875 5 6 set aside under section 47, Land for Settle- Stamp duty on transfers of New Zealand ments Act, 1925 .. .. .. 8,698 5 4 consolidated stock .. .. .. 6 11 7 Miscellaneous —Recovery of expenditure on Interest on debentures .. .. .. 339,369 4 3 isstates, &c. .. .. .. .. 589 7 9 Management charges of New Zealand consolidated stock .. .. .. 324 7 5 Recoupment to Ordinary Revenue Account of amount charged thereto for reduction of funded debt .. .. .. .. 513 18 8 Amortization of debt— £ s. d. Debentures redeemed at maturity .. .. 100 0 0 Securities redeemed and cancelled before maturity 218,600 0 0 — 218,700 0 0 Charges and expenses of raising loans .. 2.90 Balance at 31st March, 1929 — £ s. d. Cash in Public Account .. 32,752 0 3 Imprests outstanding .. 1,512 11 0 Investment Account .. 262,550 0 0 296,814 11 3 £1,059,709 13 9 £1,059,709 13 9 Revenue Account foe the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. dj To Administration expenses .. .. .. 9,728 13 5 By Rents, &c. .. .. .. .. 414,441 5 6 Charges and expenses of raising loans .. 2 9 0 Interest on sales.. .. .. .. 16,965 311 Depreciation of plant .. .. .. 196 1 6 Interest on capital expenditure— £ s. d. Insurance premiums, &c. .. .. .. 7 11 4 Hutt Valley .. .. 9,452 8 3 Interest on loans .. .. .. 313,812 14 4 Te Wera .. .. 4,301 1 4 Interest under section 13, Land Laws Amend- 13,753 9 7 ment Act, 1926 .. .. .. 67,533 14 1 Interest on investments .. .. 12,238 13 10 Interest under section 208, Land Act, 1924.. 242 3 3 Interest on investments in Public Debt ReIrrecoverable rents, &c., transferred to demption Fund .. .. .. 48,908 5 8 Suspense Account .. .. .. 10,625 411 Miscellaneous .. .. .. .. 182 11 9 Management charges on New Zealand consolidated stock .. .. .. 324 7 5 Rebates, rents, and interest .. .. 35,261 10 10 Remissions of rents, &c. .. .. .. 5,378 15 9 Remissions and rents written off under Deteriorated Lands Act, 1925 .. .. 3,625 19 7 Remissions and rents written off by Revaluation Board .. .. .. .. 4,793 1 0 Stamp duty on transfers of consolidated stock 6 11 7 Land-for-settlements vote expenses—£ s. d. Audit fees .. .. 45 0 0 Access and improvements to settlements .. .. 543 10 0 Preliminary expenses .. 40 13 0 Salaries .. .. 1,000 0 0 Travelling-expenses .. 157 18 0 —— — 1,787 1 0 Balance carried down .. .. .. 53,163 11 3 £506,489 10 3 £506,489 10 3 £ s. d. £ s. d. To Adjustment on account of previous years .. 36 0 0 By Balance brought down .. .. .. 53,163 11 3 Balance transferred to Reserve Account .. 53,127 11 3 £53,163 II 3 £53,163 11 3

2—C. 5.

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