B. —1 [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. NATIONAL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. _ , Receipts. £ s. d. Payments. £ s d To Balance at Ist April, 1934 .. .. 124,58111 6 By Land Act, 1924, section 295 (2): AdministraRents and interest: National - endowment tion expenses .. .. .. .. 7115154 lands.. .. .. .. .. 141,707 IS 4 Land Act, 1924, sections 139, 295, and 357: Transfer from State Forest in terms of sec- " Thirds" .. .. .. 3 548 18 jq tion 29 (2), Forests Act, 1921-22 .. 3,435 10 4 Payments to Universities of portion of nationalLand Laws Amendment Act, 1930 (section 13): endowment residue . . 12 458 3 2 Interest on national - endowment trust- Transfer to vote " Education " of portion of moneys .. .. .. .. 2,656 0 8 national-endowment residue .. .. 74,748 18 11 Portion of national-endowment-revenue residue applied in payment of old-age pensions .. 37,374 9 5 Refunds arising from operations of section 6, Deteriorated Land Act .. .. .. 38 3 7 Balance as at 31st March, 1935 .. .. 137,096 11 7 £272,381 0 10 £272,381 0 10 Revenue Account for the Year ended 31st March, 1935. D*". £ s. d. Or. £ s _ ,j. To Administration expenses .. .. .. 7,115 15 4By Accrued rents .. .. .. .. 137,741 14 3 Remissions £ s. d. Accrued royalties .. .. .. 3 281 4 2 Under Land Act, 1924 .. 17,311 5 6 Accrued interest .. .. .. .. 1,915 11 6 Under Deteriorated Land Coal rents .. .. .. .. 1,154 13 6 T7 Act •• 464 3 10 Royalties from State forests .. .. 3 0 Under Mortgagors and Recovery of rents previously written otf .. 3 0 0 Tenants Relief Act, 1932 1,468 010 Interest 011 investment of national-endowment .. jlt , 1 „ 19,243 10 2 trust-moneys .. .. .. .. 2,217 7 3 Ihirds and halves .. .. .. 3,555 15 5 Rents written off: Writings-off in Suspense.. 1,630 5 3 Interest charged under section 20 (3) of Discharged Soldiers Settlement Amendment Act, 1923 .. .. .... 359 19 7 Rebates .. .. .. .. 2,027 19 3 Commission on coal rents .. .. .. 45 18 6 Balance carried down .. .. .. 119,451 10 2 £153,430 13 8 £153,430 13 8 £ s. d. £ s. d. To Contribution for education and old-age pensions 137,096 11 7 By Balance brought down .. .. .. 119 451 10 2 Balance carried down .. .. .. 73,050 18 2 Adjustment previous years .. .. 750 0 0 Balance previous year .. .. .. 89,945 19 7 £210,147 9 9 £210,147 9 9 Balance-sheet as at 31st March, 1935. Liabilities. £ s» d. diss&ts Capital Account .. .. .. .. 4,098,240 5 5 Land— ' £ g d £ s d Public Works Fund .. .. .. 4,751 0 3 Leased .. .. .. 3,460,251 18 0 Land for Settlements Account: Interest on Unleased .. .. 223 641 5 0 national-endowment trust funds .. .. 407 12 9 Provisional State forest .. 307,823 1 3 - Merged interests under section 20, 3 ggj 716 4 .3 Discharged Soldiers Settle- Land subject to section 8, Land Laws Amendment Amendment Act, 1923— £ s. d. ment Act, 1929 .. .. 8 711 10 ' Advances .. .. .. 7,278 7 3 Buildings .. .. .. .. 1834 13 6 Instalment principal .. 365 1 6 National Endowment Trust Account .. .. 111'363 13 1 Interest .. .. .. 629 311 Sundry debtors for— £ s. d. „ , 8,272 12 8 Rents .. .. .. 96,441 1 3 Sundry creditors— Royalties .. .. 1,006 10 9 Contribution for education and Coal rents .. .. 1 265 14 1 old-age pensions .. .. 137,096 11 7 Interest on sales .. .. 962 12 7 Departmental .. .. 24 6 7 Principal instalments on Miscellaneous .. .. 6 17 6 buildings .. .. 210 19 11 137,127 15 8 Departmental .. .. 11,117 3 0 Payments m advance— Miscellaneous .. .. 617 6 Rfcnt 1,604 6 8 jjj QJQ jg . Interest on sales .. .. 0 5 4 Postponed rents — Royalties .. .. .. 18 6 7 Under Land Act .. .. 11,424 6 2 1,622 18 7 Under Mortgagors and Rents charged in advance .. .. .. 50,303 17 10 Tenants Relief Act, 1932 456 9 7 Overpaid, rents in suspense as a result of capital jj §§q g reduction under Deteriorated Lands Act, 1925 472 13 10 Interest on sales accrued but not due .. 635 7 9 Writings-ofF in Suspense .. .. .. 1,449 8 8 Losses in suspense .. .. .. 1 449 8 8 Revenue Account: Balance forward .. .. 73,050 18 2 Cash balance, 31st March, 1935 .. ! 11 7 £4,375,699 3 10 £4,375,699 3 10 W. Robertson, Under-Secretary for Lands. • '' •••■.: /■ Wm.'E. Shaw, Accountant. " • • T hereby certify that the Revenue Account and Balance-sheet have -been duly examine'dr and^'compared' with the relative books and documents submitted for audit, and correctly state the position as'disclosed thereby. The following comment is appended : The charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (6) of the Land Laws Amendment Act, 1927.— J. H. Fowler, Deputy Controller and Auditor-General.

44