B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. PRIMARY EDUCATION ENDOWMENT DEPOSIT ACCOUNT—continued. Balance-sheet as at 31st March, 1936. Liabilities. £ s. d. Assets. Capital .. .. •• •• 2,480,318 9 8 Endowment lands— £ s. d. £ s. d. Public Works Fund: Roading (section 17, Land Leased.. .. .. 2,358,410 14 3 Laws Amendment Act, 1927) . . .. 3,741 19 2 Unleased .. .. 70,569 18 7 Discharged Soldiers Settlement Ac- Land for Settlements Account : Merged interest under count, section 6, Land section 20, Discharged Soldiers Laws Amendment Act, Settlement Amendment Act, 1929.. .. .. 177 19 1 1923 — £ s. d. 2,429,158 11 11 Advances . . .. . . 380 14 10 Buildings (included in the Principal instalment .. .. 126 12 6 capital value of leases) .. 2,359 9 11 Interest .. • • .. 52 10 3 Less Depreciation Reserve 290 10 4 559 17 7 2,068 19 7 Sundry creditors — Buildings (purchase-price not yet payable) .. 5,306 17 1 Miscellaneous . . .. 72 4 3 Improvements: Section 42, Reserves and other Departmental .. .. 2,036 11 7 Lands Disposal Act, 1923 .. .. 611 17 10 2,108 15 10 Sundry debtors— £ s. d. Rents due but not accrued .. .. .. 22,982 2 4 Rents, &c. .. .. 66,349 18 7 Amounts paid in advance — Royalties .. .. 1,221 7 9 Rents .. .. 1,577 8 4 Sales of land .. .. 120 0 6 Royalties .. .. .. 9 0 0 Principal instalments on 1,586 8 4 buildings .. .. 329 0 11 Deteriorated lands: Suspense Account .. 87 9 6 Interest on cash and investWritings off in suspense .. .. • . 566 0 3 ments .. .. .. 23 13 3 Revenue Account: Balance carried forward .. 57,428 3 2 Departmental .. .. 13 6 6 68,057 7 6 Postponed rents— Land Act, 1924 .. .. 8,109 14 3 Mortgagors' and Tenants Relief Act, 1933 .. .. 1,950 14 1 10,060 8 4 Interest accrued but not due — Investments . . .. 57 2 9 Sales of buildings .. .. 23 4 6 80 7 3 Losses in suspense . . .. .. 566 0 3 Cash and investments with Public Trustee .. 21,857 15 1 Cash in Consolidated Fund Deposits Account — £ s. d. Cash .. .. .. 19,761 1 0 Investments .. .. 11,850 0 0 31,611 1 0 £2,569,379 5 10 £2,569,379 5 10 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Chief Accountant, I hereby certify that the Revenue Account and Balance-sheet have been duly examined 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) (b) of the Land Laws Amendment Act, 1927. —J. H. Fowler, Deputy Controller and Auditor-General. SECONDARY EDUCATION ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1936. Receipts. £ s. d. £ s. d. Payments. £ s. d. Balance in Treasurv Deposit Ac- Administration expenses .. .. .. 592 6 3 count at Ist April, 1935— Repairs and maintenance .. .. .. 84 2 11 Cash .. .. •• 5,784 17 9 Payments to secondary schools .. .. 12,187 0 9 Investments .. .. .. 600 0 0 Balance in Deposit Account at 31st 6,384 17 9 March, 1936— £ s. d. Rents under section 30, Education Reserves Act, Sales of land .. .. .. 1,256 12 6 1928 .. .. .. .. 12,927 2 3 Rents, &c. .. .. .. 5,243 14 9 Interest on cash held by the Public Trustee .. 27 17 2 6,500 7 3 Interest on investments .. • • • • 24 0 0 £19,363 17 2 £19,363 17 2 Revenue Account for the Year ended 31st March, 1936. Dr. £ s. d. Or. £ s. d. Administration expenses .. •• 628 711 Accrued rent, &c. .. .. .. .. 12,883 12 6 Repairs and maintenance ■. ■ • • • 84 2 II Interest on cash held by the Public Trustee . . 27 17 2 Remissions of rent. &c.— £ s. d. Interest on investments .. 24 0 0 Land Act, 1924.. .. . . 361 12 6 Mortgagors and Tenants Relief Act, 1933.. .. .. •• 78 9 3 440 1 9 Balance carried down.. .. 11,782 17 1 £12,935 9 8 £12,935 9 8 £ s. d. £ s. d. Payments to secondary schools .. •• 12,187 0 9 Balance from previous year .. .. .. 7,721 610 Balance carried forward .. .. .. 7,317 3 2 Balance brought down ~ ~ •• 11,782 17 1 £19,504 3 11 £19,504 3 11

9 —B. 1 [PT. IV].

65