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NATIONAL PROVIDENT FUND (1) Revenue Account for the Year ended 31st December, 1945 Amount of Fund at beginning of year £ National Provident Fund Act, 1926 £ (Ist January, 1945) .. .. 7,732,833 Refund of contributions on lapse, National Provident Fund Act, 1926 — reduction, and withdrawal (sees. Contributions.. .. .. 368,615 11, 12, and 13) .. .. 145,216 Interest .. .. .. 281,019 Refund of contributions in lieu of Fines (sec. 11 (4) ) .. .. 11l annuity (sec. 14) .. .. 36,128 Government contribution under Act Incapacity allowances (sees. 17 (sees. 52 and 74 (2) ,) .. .. 90,576 and 18), including contributions Contributions overpaid on exit .. 247 waived on incapacity (£1,545) .. 11,254 Benefits refunded on exit (sees. 11 Death : Refund of contributions to 16 and 28) .. .. 33.,.251 (sees. 15 (5) and 16) 56,167 Miscellaneous receipts .. .. 1 Death: Allowances on account of Refunds unclaimed .. .. 1,586 widows and children (sec. 15) .. 13,835 Annuities (sees. 13 and 48) .. 126,517 Refund of contributions overpaid on exit .. .. .. .. 247 Public Trustee : Charges .. .. 2,704 War-risk insurance premiums Amount of Fund at end of year 127 (31st December, 1945) .. .. 8,116,044 £8,508,239 £8,508,239-Balance-sheet as at 31st December, 1945 Liabilities £ Assets £ Fund as per Revenue Account .. 8,116,044 In hands of Public Trustee— National Provident Fund Act, 1926 Invested .. .. .. 8,034,936Claims due and in course of payment*— Uninvested .. .. .. 13,384 Death: Refunds (sec. 16) .. 1,567 Disbursement Account .. .. 685 Death: Refunds (sec. 15 (5) ).. 1,163 Post Office .. .. .. 12,095 Death: Allowances (sec. 15) .. 56 Balances in transit .. .. 32,200 Annuities (sees. 13 and 48) .. 870 National Provident Fund Act, 1926 Allowances (sec. 17) .. .. 11 Contributions outstanding or in Refunds of contributions in lieu course of transmission*— of annuity (sec. 14) .. 2,372 (a) Contributions due but not Public Trustee: Charges* .. 925 overdue .. .. 17,301 Refunds in Suspense .. .. 83,153 (b) Contributions overdue .. 1,496 Suspense Account .. .. 1,710 Government subsidy due under Act* Contributions prepaid .. .. 20,717 (sees. 52 and 74 (2) ) .. .. 90,570 Investment Fluctuation Reserve .. 71,255 Fines due* (sec. 11 (4) ) .. .. 93 Interest due* .. .. .. 3,194 Interest accrued but not due* .. 93,883 £8,299,843 £8,299,843

* Included in Revenue Account.

R. M. Porteous, Superintendent.

Wellington, sth August, 1946.

I hereby certify that the 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.—J. P. Rutherford, Controller and Auditor-General,

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