B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. TARANAKI SCHOLARSHIP ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1938. Receipts. £ s. d. Payments. £ s. d. Balance in Treasury Deposit Account at Ist April, 1937 459 2 10 Administration expenses under section 4, Land Laws Rents .. .. .. .. .. .. 966 610 Amendment Act, 1927 .. .. .. 48 6 4 Public Trustee under section 22, New Zealand University Amendment Act, 1914 .. .. 918 7 0 Balance in Treasury Deposit Account at 31st March, 1938 .. .. .. .. .. 458 16 4 £1,425 9 8 £1,425 9 8 Revenue Account for the Year ended 31st March, 1938. Dr. £ s. d. Cr. £ s. d. Administration expenses under section 4, Land Laws Accrued rent .. .. .. .. .. 966 13 4 Amendment Act, 1927, and section 31 (2), Land Laws Amendment Act, 1929 .. .. .. 48 6 4 Balance carried down .. .. .. .. 918 7 0 £966 13 4 £966 13 4 £ s. d. £ s. d. Balance brought forward from previous year .. 241. 19 3 Balance brought down .. .. .. .. 918 7 0 Amount due to Public Trustee in terms of section 22, Balance carried forward.. .. .. .. 241 12 9 New Zealand University Amendment Act, 1914 .. 918 0 6 £1,159 19 9 £1,159 19 9 Balance-sheet as at 31st March, 1938. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. •• 19,343 16 8 Endowment lands — £ s. d. Public Trustee: Amount not yet paid over .. 458 16 4 Leased .. .. .. 19,331 6 8 Rents due but not accrued .. .. .. 242 0 0 Unleased .. .. .. 12 10 0 19,343 16 8 Revenue Account: Balance carried forward .. 241 12 9 Sundry debtors for rent .. .. .. 0 7 3 Cashin Treasury Deposit Account at 31st March, 1938 458 16 4 £20,044 13 0 £20,044 13 0 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.— J. H. Fowler, Controller and Auditor-General.

s—B. 1 [PT. IV].

33