B.—l [Pt. 11.I 1 .

PUBLIC ACCOUNTS, 1930-1931.

NATIONAL ENDOWMENT ACCOUNT.

7—B. 1 [Pt. i!.

43

Year Year ended 31st HABOH, ended 81ST March, 1Q91 1930. EXPENDITURE. Net. Gross. Credit. Net. £ s. d. Land Act, 1924, Section 295 (2\— £ s. d. £ s. d. £ s. d. 6,149 7 10 Administration Expenses .. .. .. .. .. .. 1,415 9 3 Land Act, 1924, Sections 139, 295, and 357 — " Halves," " Thirds," and " Fourths " paid over to Local 5,792 19 4 Bodies'Deposit Accounts .. .. .. .. .. .. 2,518 15 0 Land Act, 1924, Section 297 (a), and New Zealand University Amendment Act, 1914, Section 32, — Payment to Universities of portion of National-endowment 12,488 11 11 Residue .. ..' .. .. .. .. .. .. 13.500 16 7 .! Land Act, 1924, Section 297 (b),— Transfer to Vote Education of portion of National-endowment 74,931 11 0 Residue .. .. .. .. .. .. .. .. 81.004 19 6 Land Act, 1924, Section 298,— Portion of National-endowment Residue applied for Payment 37,465 15 6 of Old-age Pensions .. .. .. .. .. .. .. 40,502 9 9 ! Deteriorated Lands Act, 1925, Section 6, — 1,522 10 9 Refunds of Rents arising out of the operation of the Section. . .. .. 504 9 3 Finance Act, 1930 (No. 2), Section 18 (1),— Balance of Account transferred to the Consolidated Fund .. .. .. 75,861 14 10 Balance at end of Year, - 44,158 5 10 Cash Investment Account — 90,850 0 0 Securities held 135,008 5 10 £273,359 2 2 Totals .. .. .. .. .. .. £215,308 14 2 TRUST ACCOUNT. £ s. d. Land Act, 1924, Section 139 — £ s. d. £ s. J. £ s. d. " Thirds " and " Fourths " paid over to Local Bodies' Deposit 43 9 10 Accounts .. Expenditure under Section 49 (2) and (3) of the Land for Settlements Act, 1925, — Amount transferred in respect of Settlement Lands converted 1,272 15 !i into National-endowment Land Land Laws Amendment Act, 1927, Section 20, — Discharged Soldiers Settlement Amendment Act, 1923, Section 20 (5)— Payment to Discharged Soldiers Settlement Account in 100 0 0 respect of amount added to the Capital Value of Land .. | .. .. 610 0 0 — I Land Laws Amendment Act, 1930, Section 12 (1), — Balance of Account transferred to Land for Settlements Account .. .. .. .. .. .. .. •• 44.S34 3 2 Balance at end of Year, - 3,061 1!) 8 Cash Investment Account — 39,140 0 0 Securities held 42,201 19 8 £43,618 5 3 Totals .. .. .. .- £45,444 3 2