8.—7.

Appropriations for Consolidated Fund Services.

PERMANENT CHARGES.—DEBT SERVICES—INTEREST—continued. New Zealand Loans Act, 1932—continued.

Summary.

PERMANENT CHARGES.—DEBT SERVICES—AMORTIZATION.

9

Principal. 6 ' Maturity Date. Half-yearly due Dates of Interest. GrossAmount £ j £ Brought forward .. .. .. 9,597,792 3,375,990 3 15 March, 1959 .. .. .. 15 September and 15 March .. 101,280 2,400,000 3£ 15 March, 1959 .. .. .. 15 September and 15 March .. 84,000 38,980 ! 4 15 March, 1959 .. .. .. 15 September and 15 March .. 1,560 Interest on Floating Debt .. .. .. .. .. .. 176,500 Interest on New Issues .. .. .. .. .. .. 145,000 10,106,132 Recoveries — £ Nauru and Ocean Islands Account .. .. .. .. .. 13,330 Electric Supply Account .. .. .. .. .. .. 523,411 Discharged Soldiers Settlement Account .. .. .. .. 222,497 General Purposes Relief Account .. .. .. .. .. 1,000 Land for Settlements Account .. .. .. .. .. 414,611 Main Highways Account .. .. .. .. .. .. 152,280 State Advances Account .. .. .. .. .. .. 1,136,621 State Coal-mines Account .. .. .. .. .. 2,857 Housing Account .. .. .. .. .. .. .. 10,000 2,476,607 NET INTEREST CHARGEABLE TO THE CONSOLIDATED FUND, 1937 38 .. £7,629,525

1937-38, Gross Amount. J Recoverable. Net Amount. £ £ £ 10,106,132 2,476,607 7,629,525

Authorizing Act. Principal. Gross Amount. Recoverable. 1987-38. Sinking Funds — £ £ £ £ Finance Act, 1928 (Section 13) — Westport Harbour Act, 1920 — Westport Harbour Board Act, 1884, and 414,250 8,859 Loan Acts, 1896, 1897, and 1900 Westport Harbour Board Loan Act, 200,000 2,000 1908 614,250 10,859 .. 10,859 Debt Repayment— Repayment of the Public Debt Act, 1925 .. 1,704,700 .. 1,704,700 Public Revenues Act, 1926 (Section 135 (4)) — Amount transferred to the Loans Redemption Account for the redemption of Main Highways loans representing proportion of the interest on the balance of the Loans Redemption Account earned by moneys held in that account for the redemption of Main Highways loans .. .. 100 .. 100 Securities redeemed .. .. .. .. 201,000 200,000 1 1,000 TOTALS .. .. .. 1,916,659 200,000 | 1,716,659