£ s. d. Amount dbmiciled for repayment in New Zealand .. .. 565,112,485 0 0 Amount domiciled for repayment in Australia .. .. 628,226 0 0 (Australian currency £779,000) Amount domiciled for repayment in London .. .. 78,139,522 0 0 *lmperial Government advances .. .. .. .. 26,191,108 12 4 £670,071,341 12 4

B—l [Pt. I]

By the New Zealand Loans Amendment Act, 1947 (re-enacting the Repayment of the Public Debt Act, 1925), means are provided whereby the whole of the public debt other than that raised for State Advances purposes and other portions for which special statutory provision has been made will be extinguished in approximately sixty years from the time of coming under the provisions of the Act or, for subsequent loans, sixty years from the date of issue. The repayment scheme comprises an annual contribution from the Consolidated Fund of J per cent, of the debt coming within its provisions, together with an additional 4 per cent, of the debt redeemed under the 1925 Act and under paragraph (b) of section 12 of the 1947 Act. The total of loans coming within the repayment scheme as at 31st March, 1950, was £567,995,359 14s. Bd.

69

70,000,000 0 0 16,000,000 0 0 5,000,000 0 0 7,000 j000 0 0 1 Sept., 1968 1 Nov., 1971 1 June, 1973 1 June, 1977 Various 3 5 3* 1 480,000 250,000 210,000 700,000 Repayable at the option of the Government at par on or'after 1st September, 1966, on three months' notice. Repayable at the option of the Government at par on or after 1st November, 1956, on three months' notice. Option to repay £7,000,000 maturing 1st June, 1977. Repayable at the option of the Government at par on or after 1st June, 1973, on three months' notice. Treasury bills. *Advances from Imperial Government funded in terms of section S of the Finance Act, 1922 (payments suspended by agreement with Imperial Government from 1931. No maturity date now attaches to loan). * Other debt (interest suspended by agreement with Imperial Government from 1931 ; loan matures 1st December, 1955). 565,740,711 0 0 *■ 78,139,522 0 0 1 Dec., 1955 16,819,239 £643,880,233 0 0 24,100,199 10 7 2,090,909 1 9 565,740,711 0 0 104,330,630 12 4 Total securities charged on the public revenues and outstanding at 3 1 st March, 1950: £670,071,341 12 4