U.-5

1915. NEW ZEALAND.

NATIVE LAND SETTLEMENT ACCOUNT (STATEMENT SHOWING THE MONEYS PAID INTO AND OUT OF THE) DURING 1914-15.

Presented to both Houses of the General Assembly in pursuance of Section -119 of the Native Land Act, 1909.

Memorandum for the Hon. the Native Minister. 1 have the honour to forward herewith a statement, as required by seption 119 of the Native Land Act, 1909, showing Iho moneys paid into and paid out of the Native Land Settlement Account during t he financial period ended 31st March, 19.15. The ret urn is prepared and signed by the Seoretary to the Treasury. In reference to this return I may state the Treasury advise that, owing to the present system of keeping aocounts, they cannot supply the " expenditure under the Act " in detail as previously. However, of that amount—£2sB,4o7 12s. 2d.— Native - land purchases, from departmental records, show an expenditure of £166,442 3s. 4d. The balanoe, therefore, is presumably amounts charged to this account by the Lands and Survey Department. The full statement tor the year of the Native Land Settlement Account is set out on pages 28-29, P.O. 8.-l (Pt. I), 1915. Tnos. W. Fisher, Under-Secretary. Native Department, Wellington, 24th September, 1915.

Native Land Settlement Account. —Statement ot' Receipts and Expenditure duki.nc the Financial Year ended 31st March, 1915. Receipts. New Zealand Loans Act, 1908, — Native Land Amendment Act, 1913—■ £ s. d. £ s. d Debentures issued .. .. .. .. .. 100,000 0 0 Instalments received in respect of £250,000 4-per-cent. tenyears convertible-debentures loan .. .. .. 31,111 0 (I Premium .. .. .. .. 1,250 0 0 Interest on overdue instalments .. .. .. .. 0 3 5 4-per-cent. inscribed stock created to cover expenses of raising loan, 1929 issue .. .. .. .. .. 3,730 12 3 136,091 15 8 Amount received in respect of survey liens— 1914—April .. .. 1,021 15 7 Mav .. .. .. .. .. •• 1,639 19 1 June .. .. .. .. .. .. 2,716 13 8 July 2,541 17 5 August .. .. .. .. .. .. 2,095 I 0 September .. .. .. .. .. ..3,571 19 7 October .. .. .. .. ... 1,425 6 6 November .. .. .. .. .. .. 2,297 4 1 December .. .. .. .. .. .. 2,560 18 8 1916—January .. .. .. .. .. .. 705 0 6 February .. .. .. .. .. .. 2,727 6 0 March ' 3,208 12 8 26.511 II 9 Rents, &o 13,743 19 I Land-sales .. •• 199 8 0 Repayment of advances by Maori Land Boards under section 274. Native Land Act, 1909— Principal .. .. .. •• .. .. •• 578 7 1 Interest 1,662 19 7 2,241 6 8 £178,788 4 2