B.—l [PT. IV], SUP. TO 1932.

LANDS AND SURVEY DEPARTMENT—continued. WANGANUI RIVER TRUST ACCOUNT. Receipts and Payments Account foe the Year ended 31st Mahch, 1932. Receipts. £ s. d. Payments. £ s. d. « To Balance in Local Bodies' Deposit Account of the By Administration expenses paid to the Consolidated Receiver of Land Revenue, Wellington, at Fund under section 6 of the Wanganui River Ist April, 1931 180 11 3 Trust Act, 1891 22 5 3 .... 445 2 1 Amount paid over to the Wanganui River Trust under Wanganui River Tlust Act, 1891 .. 419 16 8 Loan repayments under section 58, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1919 .. .. . • 78 010 " Thirds," " fourths," &c., deducted under section 139, Land Act, 1924 .. .. •• 11 14 4 Balance in Local Bodies' Deposit Account of Receiver of Land Revenue, Wellington, as at 31st March, 1932 .. .. .. ■ • 93 16 3 £625 13 4 £ 625 13 4 Revenue Account foe the Year ended 31st Maech, 1932. Dr. £ s - d- Cr. £ oin To Administration expenses due to Consolidated Fund By Balance brought down from previous year .. 924 12 10 under section 6, Wanganui River Trust Act, 1891 22 5 3 Accrued rent .. • ■ • • • • Amount due to the Wanganui River Trust under Accrued interest .. .. .. •• Wanganui River Trust Act, 1891 .. • • 419 16 8 Irrecoverable rents .. .. . • • • 85 12 9 Loan-repayment under section 58, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1919 .. • • • • 78 010 Remissions of rent .. •. ■ • • • 56 1 6 Remissions of rent granted consequent upon determination of Dominion Revaluation Board 24 0 0 " Thirds," " fourths," &0., deducted under section 139 of the Land Act, '1924 .. .. 11 14 4 Balance carried down .. .. • • 856 16 3 £!,554 7 7 £1,554 7 7 Balance-sheet as at 31st Maech, 1932. Liabilities. £ s. d. Assets. , „ , Capital .. .. •• •• •• 16,404 12 6 Endowment lands—• k s. d. i s. a. Sundry creditors for rents paid in advance .. 19 18 6 Leased .. .. •• 15.546 2 6 Rents charged in advance 159 15 0 Unleased 16,149 12 6 Writmgs-off in Suspense .. • • • • , * Revenue Account —Balance carried forward .. 856 16 3 Sundry debtors for— Rents .. •• •• /o/ io o Interest on sales .. •• 8 19 11 Sales .. • • • • 245 0 0 — 991 16 5 Interest on sales accrued but not due .. .. 3 7 4 Rents postponed .. . • • • • ■ 202 9 9 Losses in Suspense Account .. . • • • 85 12 9 Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Wellington, as at 31st March, 1932 .. .. •• •• •• 93 16 3 £17,526 15 0 £17,526 0 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : As there is doubt as to whether section 58, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1919, is sufficient authority for the loanrepayment of £78 0s lOd. to the Land for Settlements Account, the Lands Department has arranged tor the introduction of legislation dealing with recoveries of this nature.—J. H. Fowlee, Deputy Controller and AuditorGeneral. 6 —B. 1 [PT. IV], SUP. TO 1932.

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