B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1941 -1942.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Debt Services—continued.

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Gross Amount -Net Amount charged to Rpcnvprip.* charged to Ordinary Revenue Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. •• 13,766,178 6 11 2,781,074 8 9 10,985,103 18 2 Brought forward .. .. 108,265 12 0 4,127 15 9 104,137 16 3 ADMINISTRATION AND MANAGEMENT —continued. New Zealand Loans Act, 1932 Section 24 (I), — Amount paid Bank of England for half year ended 30th April, 1941, for management of New Zealand loans — Consolidated Stock .. .. •• • 18,953 8 6 Less amounts recovered from- — £ s. d. Electric Supply Account .. 2,793 7 0 Land for Settlements Account .. 743 7 11 Main Highways Account .. 104 9 4 State Coal-mines Account . . 15 5 5 State Forests Account .. .. 62 1 11 3 778 11 7 Amount paid to the Reserve Bank of New Zealand for year ended 31st March, 1942 for management of New Zealand Government loans .. 19,776 18 5 Less amounts recovered from— £ _ s. d. Nauru and Ocean Islands Account 60 12 9 Electric Supply Account . . 1,224 8 9 Land for Settlements Account 1,997 18 8 Main Highways Account .. 1,193 8 1 State Coal-mines Account .. 29 8 2 State Forests Account .. .. 565 16 1 .. 5,071 12 6 29,880 2 10 Total, Administration and Management 146,995 18 11 12,977 19 10 134,017 19 1 PAYMENTS ON GUARANTEED LOANS. Land Settlement Finance Act, 1909 : — Section 13 (1), — interest and principal in arrear made good under Government guarantee .. Less Repayment by Associations under subsection (5) — Lake Alice Land Settlement Association .. • • J ° ' ■> < 161 9 7 Or. 161 9 7 ! Local Bodies' Loans Amendment Act, 1908 Section 10, — Subsidies on instalments of sinking fund — Cambridge Borough Council, due 30th April, 1941 .. 25 0 0 Grey Lynn Borough Council, due 1st April, 1941 .. 2jo 0 O Levin Borough Council, due 1st April, 1941 .. 135 0 0 Port Chalmers Borough Council, due 31st March, 1942 17 10 0 Christchurch City Council, due 31st March, 1942 .. 71 5 0 Taihape Borough Council, due 1st April, 1941 .. i06 5 0 Taihape Borough Council, due 31st March, 1942 .. 18 15 598 15 0 .. 598 15 0 Total, Payments on Guaranteed Loans 598 15 0 161 9 7 437 5 5 TOTAL, DEBT Sekvices .. • • 13,913,773 0 10 2,794,213 18 2 11,119,559 2 8