B.—l [PT. ll]

PUBLIC ACCOUNTS, 1943- 1944

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, 1944 Debt Services

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Gross Amount Net Amount charged to Recoveries charged to Ordinary Revenue ecoveries. Ordinary Revenue Account, Account. £ s. d. £ s. d. £ s. d. Interest (details as shown in foregoing statement) .. 15,613,270 3 7 3,250,677 18 7 12,362,592 5 0 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 13 (4) (a) .. 7,000 0 0 .. 7,000 0 0 Amount paid in terms of section 13 (4) (d), being 4J per cent, in respect of £85,750 paid by the Public Trustee to 31st March, 1944, for redemption of loans .. .. .. .. 3,858 15 0 .. 3,858 15 0 Total, Sinking Fund .. .. 10,858 15 0 .. 10,858 15 0 Repayment ol the Public Dept Act, 1925 Repayment op the Public Deft Act, 1925 Section 11 (tt), — Amount transferred to the Public Debt Repayment Account, being contribution for tho year 1943-44 of £ per cent, on tho public debt within tho meaning of the Act outstanding at 31st March, 1943 (| per cent. on £386,589,554 8s. 4d.). . .. .. .. 1,932,947 15 5 .. 1,932,947 15 5 Amount transferred to the Public Debt Repayment Account, being contribution of J per cent, on £26,947,752 15s. lid., debt redeomed under the Act to 31st March, 1943 134,738 15 3 .. 134,738 15 3 Section 11 (&),— Amount transferred to the Public Dept Repayment Account, being contribution of 3£ per cent, on £26,947,752 15s. lid., debt redeemed under the Act to 31st March, 1943 943,171 6 9 .. 943,171 6 9 Amount transferred to the Public Debt Repayment Account, being contribution of 3| per cent, on £2,420,480, debt redeemed under the Act during the year 1943-44 computed from the dates of redemption to 31st March, 1944 .. .. .. 42,656 7 8 .. 42,656 7 8 Total, Repayment of the Public Debt 3,053,514 5 1 .. 3,053,514 5 1 Act, 1925 Transfer to Loans Redemption Account Public Revenues Act, 1926, Section 135 (4): — Transfer from Ordinary Revenue Account for redemption of loans, —■ Ordinary Revenue Account— War Loan, 1914-18 .. .. .. .. 1,000 0 0 . . 1,000 0 0 War Expenses, 1939 .. .. .. • ■ 790 0 0 .. 790 0 0 Westport Harbour .. .. •• 157,250 0 0 .. 157,250 0 0 Total, Transfer to Loans Redemption 159,040 0 0 .. 159,040 0 0 Account ADMINISTRATION AND MANAGEMENT New Zealand Loans Act, 1932, Section 62 (3): — Stamp duty on transfers of New Zealand Consolidated Stock 3,712 8 11 .. 3 f712 8 11 New Zealand Loans Act, 1932, Section 61 : — ——— Charges and expenses of raising loans, — Fresh issues .. .. .. .. •• 76,306 0 7 519 7 6 75,786 13 1 Issues in renewal and conversion .. .. .. 392 13 7 .. 392 13 7 76,698 14 2 519 7 6 76,179 6 8 Carried forward .. . . .. 80,411 3 1 519 7 6 79,891 15 7 Carried forward .. .. .. 18,836,683 3 8 3,250,677 18 7 15,586,005 5 1