C.—9.

Reduction in Land and Crown Mortgages. £ Reduction in capital value of leaseholds .. .. .. .. . ■ •• 2,008,506 Reduction in Crown mortgages (under section 2) .. .. . ■ • • 862,653 Total .. £2,871,159 Remission of Instalment Interest and Rent. £ Granted by Dominion Revaluation Board in respect of arrears as at 30th June, 1923 .. 192,447 Granted by Land Boards on recommendation of Dominion Revaluation Board with respect to payments accruing subsequent to 30th June, 1923 .. .. •• 273,200 Total remissions .. .. .. .. .. • • • • £465,647 Mortgages, instalments, rents, &c., automatically written off, due to reduction being retrospective to the Ist July, 1921, or date of the title, &c. . . . . • • £438,498 Postponements of Arrears as at 30th June, 1923, granted by Dominion Revaluation Board. £ Rent, principal, and instalment interest for periods up to ten years .. .. .. 316,475 Instalments to end of mortgage term .. . . .. . • • • • • 127,411 £443,886 Postponements of payments accruing subsequent to the 30th June, 1923, granted by Land Boards on the recommendation of Dominion Revaluation Board .. .. .. £149,188 Investigations of Current Accounts under the Discharged Soldiers Settlement Amendment Act, 1924. Number of accounts subject to investigation (approximate) .. .. .. 4,917 Current accounts sustained . . . . . . ■ . • • • ■ • • 3,925 Reductions in current accounts (in some of these cases transfers were also made to Suspense Account) .. .. .. . ■ ■ • ■ • • ■ 909 Transfers to Suspense Accounts (apart from those cases where reductions were also made) 83 £ Total capital invested .. .. .. .. .. • • • • .. 3,222,649 Reduction of capital .. .. .. .. .. ■■ 199,470 Transferred to Suspense Account . . . . . ■ • ■ • • • • 23,257 Adjustments in Buildings under Land for Settlements Act. £ Original value ~ . . .. • • • ■ ■ ■ • ■ ■ ■ 131,560 Amount of reduction .. .. .. .. .. . . •• ■ 19,579

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