8.—7 [PT. I].

YEAE ENDING 31 MARCH, 1943.

PERMANENT CHARGES— continued.

11

1941-42. 1942-43. Estimated. Expended. UNDER SPECIAL ACTS OF THE LEGISLATURE. ~~~ £ £ £ EXCHANGE. Finance Act, 1932 (Section 55) — Exchange on remittances of public moneys to and from any country beyond New Zealand .. .. .. .. .. 6,800,000 4,235,000 5,664,971 Less credits in reduction .. .. .. .. .. (a)5,000,000 2,635,000 3,336,420 1,800,000 1,600,000 {1)2,328,551 HIGHWAYS. Finance Act, 1927 (No. 2), (Section 24), and Motor-spirits Taxation Act, 1927 (Sections 6-10)— Disbursements under the Acts .. .. .. .. .. 1,800,000 2,172,000 2,351,151 OTHER SPECIAL ACTS. Payment to Racing Clubs of Proportion of Totalizator-tax, Finance Act, 1935 (No. 2), (Section 17)— Refunds in respect of totalizator-tax .. .. .. .. (c) 35,000 47,000 42,024 Subsidies to Superannuation Funds. Finance Act, 1941 — Additional subsidies to Superannuation Funds .. .. .. 200,000 200,000 (d) 200,000 Miscellaneous Grants and Subsidies. Land Act, 1924 (Sections 139 and 358)— Payments to Receivers of Land Revenue, Local Bodies' Deposit Accounts, for payment to local authorities in respect of rents, royalties, &c. .. .. .. .. .. .. (e) 5,000 5,000 4,063 240,000 252,000 246,087 (a) Post and Telegraph Department, £50,000; Railways Department, £100,000; Electric Supply . Account, £50,000 ; War Expenses Account, £4,000,000 ; Loans Redemption Account, £600,000 ; other accounts, £200,000. (b) Additional expenditure arose from the repayment of loans in London. (c) Section 17 of the Finance Act (No. 2), 1935, provides that the Minister of Finance may refund to every racing club totalizator-tax up to £500 received from that club, equal to 2| per cent, of the gross totalizator takings during the year. £ (d) Public Service Superannuation Fund .. .. .. .. .. .. 10,000 Teachers'Superannuation Fund .. .. .. .. .. .. 105,000 Government Railways Superannuation Fund .. .. .. .. .. 85,000 £200,000 (e) " Thirds " and " fourths " of rentals, <fcc., received are paid to local bodies for the construction and maintenance of roads and bridges and opening up Crown lands.