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G.—s.

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NATIVE LAND SETTLEMENT ACCOUNT. Statement or Receipts and Payments foe the Yeak ended 31st March, 1925. Receipts. Payments. New Zealand Loans Act, 1908,— £ s. d. £ s. d. £ s _ <j, £ S- d. Native Land Amendment Act, 1913— Annual appropriationNew Consolidated Stock, 1935-45— Vote— Native-land purchase expenses* .. .. .. .. 2,784 16 10 5 per cent, inscribed stock issued in respect of amount Expenditure under the Act* required to cover stamp duty on transfers .. .. 116 19 8 Lands Department .. .. .. .. .. ..26 070 19 7 New Zealand Consolidated Stock, 1944— Native Department .. .. .. .. 58'421 19 11 Stock issued in respect of £200,000 authorized (4J-per-cent. ' ' 84 492 19 6 Stock Loan) .. .. .. .. .. .. 200,000 0 0 Urewera Lands Act, 1921-22, section 10— Debentures issued .. .. .. .. .. 60,000 0 0 Payment, in debentures .. .. .. .. .. 29,323 8 4 260,116 19 8 Interest on debentures .. .. .. .. .. 2,932 6 10 Urewera Land Act, 1921-22, section 10— ' 32 255 15 2 Debentures issued .. .. .. .. .. . . .. 29,323 8 4 Recoupment under Finance Act, 1919, section 4 Amount received in respect of—- Interest .. .. .. ,. ., .. 147 775 4 1 Survey liens .. .. .. .. .. .. .. 14,692 13 6 Sinking Fund .. '' " '' " 5'986 3 10 Rents, &c. .. .. .. .. .. .. .. 47,136 12 7 " ! 153,761 7 11 Land-sales .. .. .. .. .. .. .. 51,797 3 2 Recoupment of management charges of consolidated stock .. .. 6 6 5 Interest on sales of land .. .. .. .. .. .. 6,441 13 10 Recoupment of administration expenses to Consolidated Fund— Repayments by Maori Land Boards of advances under section 274 Land Act, 1924, section 21 .. .. .. 1 981 1 5 of the Native Land Act, 1909— Land Laws Amendment Act, 1922. section 19 (1) .. .. 2,737 8 3 Principal .. .. .. .. .. .. 310 19 4 4,718 9 8 Interest .. .. .. .. .. .. 663 15 1 Charges and expenses of raising loans— —— 974 14 5 Native Land Amendment Act, 1913 (redemptions) .. .. 150 0 0 Native Land Act, 1909, section 274, and Native Land Amendment Native Land Amendment Act, 1913 .. .. .. .. 5,507 16 10 and Native Land Claims Adjustment Act, 1923, section 16— Stamp duty on transfers of New Zealand Consolidated Stock, Subsection (9) (6) .. .. .. .. .. 687 4 4 1935-45 Subsection (5)— Native Land Amendment Act, 1913 .. . . .. 103 8 8 Principal .. . . .. .. £412 17 3 5 7gj g 6 Interest .. .. .. .. 289 15 0 702 12 3 1,389 16 7 Credits-in-aid— Vote, Native Land Purchase Expenses .. .. .. .. 112 13 11 Credits in reduction of expenditure under the Act— Lands Department .. .. .. .. .. 476 10 0 Native Department .. .. .. .. .. 180 15 5 657 5 5 £412,643 1 5 • £283,781 1 0 *Credits-in-aid (Appropriation Act, 1923, section 22) and other credits in reduction of expenditure under the Act are shown as receipts, and are not deducted from the payments as formerly. Summary of Operations on the Account for the Year ended 31st March, 1925. Receipts. Payments. £ s. d. £ s. d. Cash balances at beginning of year— £ s. d. £ s. d. Gross payments for year, as per Statement of Receipts and Payments .. 283,781 1 0 Cash in the Public Account .. .. .. .. .. 29,118 12 1 Cash balances at end of year— Imprests outstanding in the Dominion .. .. .. 31 12 4 Cash in Public Account .. .. .. .. .. 67,982 15 6 —— 29,150 4 5 Imprests outstanding in the Dominion .. .. .. 29 9 4 Gross receipts for year, as per Statement of Receipts and Payments.. .. 412, 643 1 5 Investment Account .. .. .. .. .. 90,000 0 0 158,012 4 10 £441,793 5 10 £441,793 5 10

Approximate Cost of Paper.—Preparation, not given; printing (475 copies), £2 10s.

By Authority : W. A. G. Skinnek, Government Printer, Wellington.—l92s.

Price 3d.'

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