B.—l [PT. IV, SUP.].

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1928. I)r. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 9,569 11 1 By Rents, &c. .. .. .. .. 411,517 4 3 Charges and expenses of raising loans .. 2 2 6 Interest on sales of settlement land .. 23,945 14 11 Depreciation plant .. .. .. 196 1 6 Interest on amounts set aside under section Insurance premiums, rates, &c. ... .. 80 11 6 47, Land for Settlement Act, 1925 .. 28,296 16 8 Interest on loans .. .. .. 345,384 18 6 Interest on capital expenditure— Interest on redemptions from the Consolidated £ s. d. Fund Ordinary Revenue Account .. 4,636 13 2 Hutt Valley .. .. 12,685 .16 3 Interest under section 13, Land Laws Amend- Te Wera .. .. 3,981 3 2 ment Act, 1926 .. .. .. 60,804 19 0 16,666 19 5 Interest under section 208, Land Act, 1924.. 247 1 5 Interest on investments .. .. .. 8,309 7 5 Irrecoverable rents, &c., transferred to Interest on investments in Public Debt ReSuspense Account .. .. .. 16,790 11 8 demption Fund .. .. .. 47,646 15 9 Management charges on bonds and con- Miscellaneous .. .. .. .. 27 11 6 solidated stock .. .. .. 1,297 15 9 Rebates, rents and interest .. .. 33,317 1 0 Remissions of rent, &c. .. .. .. 4,741 5 6 Remissions of rent and rents written off under Deteriorated Lands Act, 1925 .. 4,772 8 1 Stamp duty on transfers of consolidated stock .. .. .. .. 6 3 8 Land-for-settlements vote expenses— £ s. d. Audit fees .. .. 35 0 0 Access and improvements to settlements .. 702 15 8 Maintenance office equipment .. .. 9 11 10 Miscellaneous .. .. 12 9 Preliminary expenses .. 1 12 0 Printing .. .. 3 19 6 Salaries .. .. 1,819 5 0 Telephone services .. 13 8 11 Travelling-expenses .. 166 0 11 — 2,752 16 7 Balance brought down .. .. .. 51,810 9 0 £536,410 9 11 £536,410 9 11 £ s. d. By Balance carried down .. .. .. 51,810 9 0 Balance forward from Ist April, 1927 .. 132,791 19 10 Interest on sinking funds, previous years .. 171,930 4 5 To Interest under section 13, Land Laws Amend- £ s. d. Adjustment on account previous years' rement Act, 1926, previous years .. .. 23,803 19 4 missions by Revaluation Board charged in Balance to Reserve Account .. .. 334,705 6 3 error „ .. .. .. 1,976 12 4 £358,509 5 7 £358,509 5 7

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