B.—l [PT. ll].

PUBLIC ACCOUNTS, 1939-19 40.

STATEMENT of the DISBURSEMENTS of LAND FOR SETTLEMENTS ACCOUNT for the YEAR ended 31st March, 1940.

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VOTE : £ s - £ 8 * d * Land for Settlements .. .. .. .. •• •• •• 178,208 13 4 Interest and other Charges on Loans and Capital Liability : — Land Laws Amendment Act, 1926, Section 13 — Interest on capital moneys received from the sale of Crown lands .. 48,678 2 7 Land Laws Amendment Act, 1929, Section 47— Interest on Crown lands declared to be subject to the Land for Settlements Act, 1925, and the former Land for Settlements Acts .. .. 8,479 9 7 Finance Act, 1930 (No. 2), Section 19 (4) — Interest on Cheviot Estate accumulated funds paid to Consolidated Fund 18,613 16 10 Finance Act, 1932 (No. 2), Section 5 (2) — Transfer to Consolidated Fund in respect of interest payable on capital liability .. .. •• •• •• •• 434,881 10 6 New Zealand Loans Act, 1932 — Section 24 (2) — Recoupment to Consolidated Fund of management charges of New Zealand Government securities .. .. •• •• 1,296 17 6 Section 61— Charges and expenses of raising loans—• Issues in renewal and conversion .. .. •• •• 19,520 13 9 Charges and expenses of raising loans — Issues in renewal and conversion— Finance Act, 1932, Section 55— Exchange on remittances beyond New Zealand .. .. 4,782 11 4 Section 62 (4)— Recoupment of Stamp Duty on Transfers of 4£ per cent. 1944 Stock 268 12 7 Expenditure charged on Proceeds of Sales of Lands :— Crown Lands —Sales under Land Act, 1924, Section 20 — Land Act, 1924, Section 139— " Thirds " and " Fourths " paid to Local Bodies' Deposit Account from proceeds of sales of Crown lands .. .. • • • • 7 9 4 Finance Act, 1932 (No. 2), Section 6 — Transfer to Public Works Fund (General Purposes Account) in respect of advances made under Village Homestead Special Settlement Scheme .. • • • ■ • • • • • • • • 52 2 0 Transfer to Small Farms Account of the value of its interest in land now declared Crown lands under Section 49, Land for Settlements Act, 1925, and Section 10 (1), Land Laws Amendment Act, 1935. . 1,168 14 8 Transfer to State Coal-mines Account of the value of its interest in land released from the operation of the Coal-mines Act, 1925 .. 50 0 0 Transfer to State Forests Account of area purchased out of State Forests Account and now disposed of as Crown lands .. .. 922 0 0 Land Act, 1924, Section 20 (3) — Payment in respect of land obtained for Government works now deemed to be Crown lands .. .. • ■ • • • • 184 10 8 Finance Act, 1931 (No. 4), Section 24 (1)— Payment to Public Works Fund of value of lands set aside or acquired for the purposes of the Post and Telegraph Department but no longer required for such purpose .. .. .. 4,853 15 3 Native Purposes Act, 1934, Section 3 (2) — Acquisition of Native land .. .. .. • • • • 18 13 11 Land Laws Amendment Act, 1930, Section 15 (3) — Land for Settlements Act, 1925, Section 49 (1) — Settlement lands converted into ordinary Crown lands .. .. 750 0 0 Public Reserves, Domains, and National Parks Act, 1928, Section 41 (2) — Expenditure on purchase of lands for the purposes of domains, and on the improvement and development of domains .. .. .. 1,675 0 0 9 8° 6 . Finance Act, 1932 (No. 2), Section 6:— Transfer of receipts from Hutt Valley Settlement lands as a credit to Sales and Capital Receipts, Land Act, 1924, Section 20, in satisfaction of value of Crown lands declared to be subject to the Hutt Valley Lands Settlement Act, 1925, and amendments .. .. .. .. •• •• 1,450 0 0 Amortization of Debt :— Transfer to Loans Redemption Account for redemption of securities .. .. 3,206 0 0 Total • • £729,068 14 4