B—l [Pt. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the Year ended 31st March, 1947—continued

38

RECEIPTS £ s. d. £ s. d. Brought forward | 15,197,751 9 10 New Zealand Loans Act, 1932 —continued Section 14—continued Securities issued in conversion of loans—continued Death duty stock— To mature — 15th July, 1962-64 101,480 0 0 Treasury bills— To mature: Various 13,500,000 0 0 Securities issued in renewal of loans— Stock — To mature— 15th October, 1957 15th July, 1962-64 4,300,000 1,057,645 0 0 0 0 5,357,645 165,465 0 0 0 0 Death duty stock — To mature— 15th July, 1962-64 Treasury bills— To mature: Various 204,008,000 0 0 Section 15— Securities issued in conversion of loans — Stock — To mature : 15th April, 1960-63 6,487,810 0 0 Death duty stock — To mature 15th April, 1960-63 17,955 0 0 Section 40 (6) — Ordinary stock issued in replacement of death-duty stock— To mature: Various 88,510 0 0 Section 57 — Stock issued in exchange for debentures— To mature : Various Stock issued in exchange for death-duty stock — To mature : Various Death duty stock issued in exchange for ordinary stock — To mature : Various Stock issued in exchange for tax-free non-transferable stock— To mature: Various 32,270 268,525 400 4,550 0 0 0 0 0 0 0 0 Public Revenues Act, 1926, section 135— Subsection (2) — Amount received on account of New Zealand's share of German reparations 556 16 5 Carried forward •• 245,230,918 6 3