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C—3

Loan Account as at 31st March, 1924. To Loan authority — £ s. d. I By Debentures issued— £ s. d. Section 50, Finance Act, 1916 .. 50,000 0 0 \ Finance Act, 1916 (section 50), at Section 32, Finance Act, 1918 (No. 4 per cent. .. .. .. 11,900 0 0 2) .. .. .. .. 200,000 0 0 ■' finance Act, 1916 (section 50), at Section 16, Finance Act, 1920 .. 250,000 0 0 I per cent. .. .. .. 38,100 0 0 Section 8, New Zealand Loans Act, Finance Act, 1918 (No. 2), (scc--1908 .. .. .. 4.373 (I 2 tion 32), at 4 per cent. .. 80,000 0 0 Finance Act, 191.8 (No. 2), (section 32), at 4£ per cent. .. 120,000 0 0 Finance Act, 1920 (section 16), at 4J percent... .. .. 45,000 0 0 Stock issued— New Zealand consolidated stock, 1936-51, at 6 per cent. : Finance Act, 1916 (section 50), and Finance Act, 1920 (section .16) .. 1,774 12 10 New Zealand consolidated stock, 1935 45, at 5 per cent. : Finance Act, 1916 (section 50), and Finance Act, 1920 (section 16) .. 204,396 13 5 Balance of authority .. .. 3,201 13 11 £504,373 0 2 £504,373 0 2 Note. —The authorities under the Finance, Act were repealed by section 40, Forests Act, 1921-22, which authorizes borrowing-powers of £500,000.

Approximate ('out of Paper. — Preparation, not given ; printing (1,500 copies and illustrations), £58.

Authority :W.A. G. Skinner, Government Printer, Wellington.— 1924.

Price Is. j