B.—l [PT. IV].

LAND FOR SETTLEMENTS ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. Payments. To Cash in Public Account, Ist £ s. d. £ s. d. By Amount set aside under section 47, Land for £ s. d. April, 1925 .. .. 1,731 13 0 Settlement Act, 1925 .. .. .. 10,000 0 0 Imprests outstanding .. 1,671 111 Transfer to Loans Redemption Investment Account .. 57,500 0 0 Account for redemption of 60,902 14 11 debentures — £ s. d. Receipts under section 208, Land Act, 1924 .. 1,422 18 4 Land for Settlement Act, Receipts from rents .. .. .. 356,547 3 10 1908 .. .. .. 16,800 0 0 Receipts from sales of Crown land .. .. 79,103 5 0 Land for Settlement Act, Receipts from sales of settlement land .. 101,108 12 7 1908, and Finance Act, Receipts on account buildings .. .. 7,708 16 4 1915, section 106 .. 5,775 0 0 Teviot Estate .. .. .. .. 12,141 8 7 22,575 0 0 Clifton Estate .. .. .. .. 12,410 16 3 Recoupment under the Finance Act, 1919, Miscellaneous receipts .. .. .. 416 7 3 section 4—lnterest on loans .. .. 355,064 18 11 Credits in reduction of expenditure on estates 54 4 4 Recoupment to Ordinary Revenue Account of Interest on securities held by Investment amount charged thereto for reduction of Account .. .. .. .. 4,088 4 0 funded debt—Sections 82 and 42 (b) of Land Amount received from State Advances Office for Settlements Act, 1908 .. .. 657 4 1 under section 26, Finance Act, 1924 (value Management charges on bonds and consolidated of workers'dwellings taken over) .. 3,195 0 0 stock .. .. .. .. .. 323 3 6 Adjustment of amount incorrectly charged Expenses of redemption of loans .. .. 516 0 to Land for Settlements Account in respect of Stamp duty on transfer of New Zealand Concharges and expenses of raising loans .. 56 15 1 solidated Stock.. .. .. .. 19 17 10 Amount incorrectly credited to Refunds of revenue— £ s. d. Land for Settlements Account Rents .. .. .. 2,513 6 11 instead of to Hutt Valley Sales of Crown land .. 1,863 12 7 Lands Settlement Account — £ s. d. Sales of settlement land .. 528 5 10 Rents .. .. .. 2,012 10 10 Buildings .. .. 74 18 2 Sale buildings .. .. 10 0 0 Miscellaneous .. .. 127 11 5 Sale land .. .. 6,539 2 2 5,107 14 11 8,561 13 0 Land-for-settlement expenses (vote) .. 3,152 7 3 Acquirement of estates .. .. .. 68,86914 4 Administration expenses, &c. .. .. 10,545 17 7 Teviot Estate .. .. .. . . 936 19 8 Clifton Estate .. .. .. .. 14,937 3 7 Road access to settlements, &c. .. .. 5,639 5 3 Expenditure under section 20 (3), Land Act .. 850 0 0 Expenditure under section 20 (4), Discharged Soldiers Settlement Amendment Act, 1923 15,503 18 6 Interest under subsection (8) of section 208, Land Act, 1924 .. .. .. 187 17 2 Refunds of amounts paid in under section 208, Land Act, 1924 (principal) .. .. 174 4 4 Cash in Public Account, 31st £ s. d. March, 1926 .. .. 679 15 1 . Imprests outstanding .. 5,488 1 6 Investment Account .. 127,000 0 0 133,167 16 7 £647,717 19 6 £647,717 19 6 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Interest on loans .. .. .. .. 358,662 17 I By Accrued rents, &c. .. .. .. 413,944 310 Rebates of rent .. .. .. .. 32,612 14 4 Accrued royalties .. .. .. 130 7 2 Remissions of rent .. •• .. 8,024 10 7 Accrued interest on sales of settlement land .. 23,251 14 4 Irrecoverable rents, &e. .. .. .. 3,883 14 10 Accrued interest on investments .. .. 4,331 13 5 Loss on stock, implements, &c., Teviot Estate 488 3 3 Miscellaneous .. .. .. .. 712 0 Insurance premiums, rates, &c. .. .. 93 0 4 Interest on amounts set aside under section 47, Interest under section 208, Land Act, 1924 .. 186 17 2 Land for Settlement Act, 1925 .. .. 25,804 12 0 Administration expenses .. .. .. 9,316 15 1 Interest on purchase price, Hutt Valley estates, Miscellaneous expenses .. .. .. 62 10 0 under Hutt Valley Lands Settlement Act, Management charges on bonds and consolidated 1925 .. .. .. .. .. 5,785 15 0 stock .. • • ' • • •• 323 3 6 Charges and expenses of raising loans .. 5 16 0 Stamp duty on transfer of consolidated stock 19 17 10 Reserve for depreciation .. .. .. 276 6 6 Land Purchase Controller: Expenses of Board — Travelling-expenses .. • • • • 197 5 0 Telephone services .. .. .. 25 10 0 Preliminary expenses .. .. .. 168 16 7 Salaries .. •• •• •• 1,282 10 5 Postages, &c. . . .. • • • ■ 16 1 Office requisites, printing, &c. .... 23 9 I Advertising ........ 212 6 Audit fees .. .. • • • • 15 0 0 Rent .. •. • • • • • • 43 0 0 Land for Settlement expenses (vote) .. 612 2 0 Balance carried down .. .. .. 56,927 19 7 £473,255 17 9 • £473,255 17 9 £ s. d. £ s. d. To Adjustment on account of previous years .. 2,053 9 4 By Balances brought down .. .. .. 56,927 19 7 Balance .. •• •• 132,634 1 2 Balances from previous year .. .. 77,759 10 11 £134,687 10 6 £134,687 10 6

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