B.—l [PT. I].

PUBLIC ACCOUNTS, 192 6-1 92 7.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

38

LAND ASSURANCE 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at begins ing of Year— f n n n' S " 6,699 5 4 Cash in the Public Account .. .. .. ■■ •• nn a n 80,000 0 0 Investment Account .. .. .. •• •• •• 78,400 0 0 1_ 80,7o9 9 9 86,699 5 4 Receipts under Seotion 185 of the Land Transfer Act, 1915, — 734 12 0 Levy on value of land brought under the Act 3,446 5 8 Interest on Securities held by Investment Account .. .. •• •• •• 3,297 18 0 £90,880 3 0 Totals .. .. .. •• •• £84,057 7 9 LAND FOR SETTLEMENTS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,731 13 0 Cash in the Public Account .. .. .. •• •• 679 15 1 Imprests outstanding— 1,671 1 11 In the Dominion .. .. .. •• •• •• •• 5,488 1 6 57,500 0 0 Investment Account .. .. .. •• •• •• •• 127,000 0 0 133,167 16 7 60,902 14 11 Credits-in-Aid, — Vote—Land for Settlements Expenses .. .. .. ■ • • • • • 22 17 8 Credits in reduction of Expenditure on Estates, — 187 10 3 Acquirement of Estates .. .. .. •• •• 2,042 19 0 24,628 18 8 Expenses incidental to Estates .. .. .. .. •• •• 11,227 2 5 ** 13,270 1 5 24,816 8 11 Receipts derived from Estates, — 364,009 0 5 Rents, &c. 3 57,.322 \ I A? 244 3 11 Sales .. .. .. •• •• •• •• •• •• 53,506 4 7 2?'"fill 11 2 Interest on Sales .. .. .. .. .. •• •• •• 24,032 17 1 id 434,861 3 10 470,887 17 6 Land Laws Amendment Act, 1912, Seotion 5, — 1,446 12 8 Interest on Sales of Crown Lands .. .. .. .. .. •• •• 657 6 8 Land Act, 1924, Section 20, — 76,011 13 10 Sale of Crown Lands .. .. .. .. .. . ■ •• •• 46,503 8 1 1,248 14 0 Receipts on account of Capital Value of Land under the Land Act, 1924, Section 208 .. 212 9 0 635,314 1 10 Carried forward .. .. .. .. .. .. 628,695 3 3 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1.926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.