D—l

MAIN HIGHWAYS ACCOUNT— continued Income and Expenditure Account for the Year ended 31st March, 1946, and Total to Date

38

EXPENDITURE. Total for Year 1945-46. Total since Inception of Main Highways Act, 1922, to 31/3/46. INCOME. Tooal for Year 1945-46. Total since Inception of Main Highways Ace, 1922, to 31/3/46. Net expenditure on construction, renewLoans raised under Main Highways Act, 1922, als, maintenance, &c. (see separate £ £ and National Development Loans Act, 1941 £ £ statement) 1,978,330 39,450,022 (at 4 per cent, interest) 100,000 11,841,918 Administration — Securities redeemed, Loans Redemption Account 1,313,613 Administration expenses (including £ Consolidated Fund —Public Debt Repayment salaries, travelling-expenses, office Account 55,720 rents, printing, stationery, postReceipts under section 15, Finance Act, 1923, ages, and miscellaneous expenses 68,735 1,541,265 from Public Works Fund, General Purposes Fees and travelling-expenses of memAccount (at 4 per cent, interest) 1,226,000 bers of the Main Highways Board other than Government members 854 23,859 100,000 14,437,251 Miscellaneous expenses — Revenue transferred from the Consolidated Advertising, maps, rent of halls, Fund— traffic tallies, transport of Motor-registration licenses, fees, and samples, depreciation of furnifines (section 24, Motor Vehicles £ ture, &c. .. .. .. 18 5,928 Act, 1924) .. .. 529,221 Compassionate grants to widows Less Commission on collection by , and relatives of deceased emPost and Telegraph Departployees 4,000 ment — Compensation under section 3, Pub-Motor-registration fees £ lic Works Amendment Act, 1925 1,015 and licenses .. 23,191 Exchange on remittances 9,887 Fees for registration of Grant to Transport Department change of ownership 6,629 ',: towards Traffic inspection 42,906 29,820 Petrological laboratory and other 499,401 9,015,376 experimental work, expenses of 1,915 18,986 Motor-spirits tax (section 9, Motor-spirits Taxation Act, 1927) 1,505,678 23,499,753 71,522 1,647,846 Mileage-tax (Finance Act, 1931-32 (No. 2), section 19) 15,615 101,976 Tire-duty (sections 13 and 14, Main Highwavs Loan charges —- ' ' . ' Act, 1922) 153,643 2,956,874 Charges and expenses of raising loans, Interest from investments 218,444 management charges of ConsoliInterest from local authorities on plant purdated Stock on account of Conchased on their behalf 889 40,138 struction Fund, &c. 88,080 Interest on advances to local authorities 1,082 47,559