8.-7.

Appropriations for Consolidated Fund Services.

PERMANENT APPROPRIATIONS.—DEBT SERVICES—ADMINISTRATION AND MANAGEMENT.

PERMANENT APPROPRIATIONS.-DEBT SERVICES—PAYMENTS ON GUARANTEED LOANS.

ANALYSIS OF PERMANENT CHARGES.—DEBT SERVICES.

10

Authorizing Act. Amount. Recoverable. 1937-38. Finance Act, 1926 (Section 23 (3)) — £ £ £ Stamp duty on transfers of New Zealand Consolidated Stock .. 6,000 1,200 -1,800 New Zealand Loans Act, 1932 (Section 61) — Charges and expenses of paying oft or renewing securities to bo charged 200 30 170 to or paid out of Ordinary Revenue Account, of Consolidated Fund New Zealand Loans Act, 1932 — Charges and expenses of management of New Zealand Government 53,000 7,000 46,000 Securities TOTALS .. .. .. •• •• 59,200 8,230 50,970

Authorizing Act. Amount. Recoverable. 1937-38. Land Settlement Finance Act, 1909 (Section 13) — £ £ £ Deficiencies in principal or interest due on debentures guaranteed by the 10 2,000 Or. 1,990 Government Local Bodies' Loans Amendment Act, 1908 (Section 10) — Sinking funds of guaranteed loans payable to Public Trustee .. 600 .. 600 Local Bodies' Loans Act, 1926 (Section 76 (1 and 2)) — Sinking funds payable to State Advances Office .. .. .. 5 .. 5 TOTALS .. .. .. .. .. 615 2,000 Or. 1,385

Recoveries 0ross - respective 1937 - 38 " Accounts. Interest — £ £ £ Net Interest (chargeable to Consolidated Fund) .. .. 10,106,132 2,476,607 7,629,525 Amortization, — Net Amortization Charge (chargeable to Consolidated 1,916,659 200,000 1,716,659 Fund) 1 ' Administration and Management .. .. 59,200 8,230 50,970 Payments on Guaranteed Loans .. .. .. 615 2,000 Cr. 1,385 GRAND TOTAL—DEBT SERVICES .. 12,082,606 2,686,837 9,395,769