B.—l [PT. ll].

PUBLIC ACCOUNTS, 1941-1942.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under SPECIAL ACTS of the LEGISLATURE and of RECOVERIES in respect of such DISBURSEMENTS for the FINANCIAL YEAR ended 31st March, 1942. Debt Services.

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Gross Amount Net Amount I n J. rR ?? Recoveries charged to Ordinary ttevenue Mcovenes. Ordinary "Revenue Account. Account. £ s - d - £ s. d. £ s. d. interest (details as shown in foregoing statement) .. 11,50,3,882 9 11 2,781,074 8 9 8,722,808 1 2 AMORTIZATION OF DEBT. Sinking Fund. Finance Act, 1928, Section 13 :— Westport Harbour Act, 1920, — Westport Harbour Board Act, 1884— Sinking Fund in respect of loans raised by Westport Harbour Board— Annual payment in terms of section 18 (4) (a), (on account) 3,500 0 0 .. 3,500 0 0 Amount paid in terms of section 13 (4) (a), being 4| per cent, in respect of £85,750 paid by the Public Trustee to 31st March, 1941, for redemption of loans (on account) .. .. .. 1,929 7 6 .. 1,929 7 6 Total, Sinking Fund .. .. 5,429 7 6 .. 5,429 7 6 Repayment of the Public Debt Act, 1925. Repayment of the Public Debt Act, 1925 Section 11 (a), — Amount transferred to the Public Debt Repayment Account, being contribution for the year 1941-42 of J per cent, on the public debt within the meaning of the Act outstanding at 31st March, 19(1 (£ per cent. on £274,576,431 12s.) .. .. .. .. 1,372,882 3 2 .. 1,372,882 3 2 Amount transferred to the Public Debt Repayment Account, being contribution of £ per cent, on £21,490,310 15s. lid., debt redeemed under the Act to 31st March, 1941 .. .. .. .. 107,451 11 2 .. 107 451 11 2 Section 11 (6),— ' ,M1 Amount transferred to the Public Debt Repayment Account, being contribution of 3£ per cent, on £21,490,310 15s. lid., debt redeemed under the Act to 31st March, 1941 .. .. .. .. 752,160 18 2 .. 752,160 18 2 Amount transferred to the Public Debt Repayment Account, being contribution of 3£ per cent, on £2,848,397, debt rodeemed under the Act during tho year 1941-42, computed from the dates of redemption to 31st March, 1942 .. .. .. 22,613 17 0 .. 22,613 17 0 Total, Repayment of the Public Debt 2,255,108 9 6 ., 2,255 108 9 6 Act, 1925 Transfer to Loans Redemption Account. Public Revenues Act, 1926, Section 135 (4) : — Transfor from Ordinary Revenue Account for redemption of loans— Ordinary Revenue Account (War Expenses Account 1914-18) .. .. .. .. .. 350 0 0 .. 350 0 0 War Expenses Account (1939) .. .. .. 1,408 0 0 .. 1,408 0 0 Total, Transfer to Loans Redemption 1,758 0 0 .. 1,758 0 0 Account ADMINISTRATION AND MANAGEMENT. -New Zealand Loans Act, 1932, Section 62 (3): — Stamp duty on transfers of New Zealand Consolidated Stock 6,529 0 7 Less amounts recovered from— £ s. d. Electric Supply Account .. 49 18 0 Land for Settlements Account .. 444 3 3 •• 494 1 3 6,034 19 4 New Zealand Loans Act, 1932, Section 61 :— Charges and expenses of raising loans, — Fresh issues— Public Works Fund—General Purposes Account .. 14,054 10 4 .. 14,054 10 4 Public Works Fund —Electric Supply Account .. 2,388 6 8 887 19 4 i'500 7 4 Main Highways Account .. .. .. 674 18 2 139 1 3 '535 16 11 State Forests Account .. .. . . 262 10 8 54 1 10 208 8 10 War Expenses Account .. .. .. .. 25,759 10 11 .. 25,759 10 11 Issues in renewal and conversion— Ordinary Revenue Account .. . . 42,733 2 0 .. 42,733 2 0 Public Works Fund—General Purposes Account .. 6,331 2 7 .. 6,'331 2 7 I J ublic Works Fund—Electric Supply Account .. 1,012 14 8 1,012 14 8 Housing Account .. . . .. .. 18 0 0 .. is 0 0 Land for Settlements Aocount .. .. .. 757 6 5 757 6 5 Main Highways Account .. .. .. 486 12 1 486 12 1 .. State Forests Account .. .. .. .. 295 18 11 295 18 11 War Expenses Account .. .. .. .. 13 7 0 .. 13 7 0 Premiums paid in cash .. .. .. .. 6,948 11 0 .. 6,948 11 0 101,736 11 5 3,633 14 6 98,102 16 11 Carried forward .. .. .. 108,265 12 0 4,127 15 9 104,137 16 3 __ Carried forward „ . . .13,766,178 6 11 2,781,074 8 9 10,985,103 18 2