B—l [PT. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the Year ended 31st March, 1948—continued

34

RECEIPTS Balances at beginning of year— £ s. d. £ s. d. Cash 513,002 14 9 Imprests outstanding 29,623 0 11 542,625 15 8 Transfers from National Development Loans Account ! 1,700,000 0 0 Sales and. capital receipts— Sales of land— Estates and developed areas 163,608 S 0 Land Act, 1924, section 20 : Crown lands 149,768 1 0 Land Act, 1929, section 208 : Capital value of land 2,914 8 1 Land Subdivision in Counties Act, 1946, section 14 (1): Public Reserves 5,588 4 9 Repayment of advances .. .. .. 23,000 3 3 ■ 344,879 5 1 Rents and interest- — Rents, &c. — Receipts derived from estates and developed areas 371,172 15 10 Interest on advances 7,722 2 1 i S78 8Q4 17 11 OlOjOt;! X 4 XX Sales of produce, live-stock, and miscellaneous receipts 8,078 18 7 Development of small farms : Capital receipts i 684,997 17 9 Receipts under Maori Housing Act, 1935 58,971 11 3 Receipts from development schemes— Small farms 1,438,005 15 10 Maori land settlement 890,192 17 2 •> 098 1Q8 IS 0 Xt/O JLu u Transfers from Consolidated Fund— Subsidies for development of marginal lands— i j Small farms development 9,942 0 0 1 Maori land settlement 160,000 0 0 | For meeting losses arising from development of land for rehabilitation purposes — Small farms development 300,000 0 0 469,942 0 0 Miscellaneous receipts 130,210 16 4 Carried forward 6,646,799 15 7