B.—l TPT. IYI.

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1927. Dr. £ s d. Cr. £ s. d. To Interest on loans .. .. .. 354,525 1 5 By Accrued rents, &c. .. .. .. 405,162 0 0 Rebates of rents and interest .. .. 32,613 8 9 Accrued royalties .. .. .. 330 811 Remissions of rent .. .. .. 5,552 4 7 Accrued interest on sales of settlement land 25,836 811 Rents written off by Deteriorated Lands Com- Accrued interest on investments .. .. 5,245 15 2 mittees .. .. .. .. 215 11 1 Interest on amounts set aside under Section 47, Writings - off in Suspense — Irrecoverable Land for Settlements Act, 1925 .. .. 27,078 6 0 rents, &c. .. .. .. .. 16,704 9 5 Interest on capital expenditure, Hutt Valley Insurance premiums, rates, &c. .. .. 103 13 2 estates, under Hutt Valley Lands SettleInterest under section 208, Land Act, 1924 .. 203 18 4 ment Act, 1925 .. .. .. 8,302 7 11 Administration expenses .. .. .. 9,125 14 11 Miscellaneous .. .. .. .. 771 19 J Management charges on bonds and Consolidated Stock .. .. .. .. 322 19 10 Charges and expenses of raising loans .. 258 2 6 Stamp duty on transfers of Consolidated Stock 6 8 3 Reserve for depreciation on plant, &c. .. 239 11 6 Interest under section 13, Land Laws Amendment Act, 1926 .. .. .. 22,000 0 0 Interest on redemptions from Consolidated Fund—Ordinary Revenue Account .. 4,414 4 8 Land Purchase Controller — Expenses of Board — Travelling-expenses .. .. .. 280 19 3 Telephone services .. .. .. 25 10 0 Preliminary expenses .. .. .. 162 10 5 Salaries .. .. .. .. 1,341 1 2 Postages .. .. .. .. 18 7 7 Maintenance of fittings .. .. 0 13 9 Advertising expenses .. .. .. 4 7 6 Audit fees .. .. .. .. 30 0 0 Rent of offices .. .. .. 43 0 0 Miscellaneous .. .. .. .. 24 17 9 Land for Settlements expenses—Miscellaneous 706 10 10 Balance carried down .. .. .. 23,80319 4 £472,727 6 0 £472,727 6 0 £ s. d. £ s. d. To Adjustment on account previous years .. 23,646 0 8 By Balance brought down .. .. .. 23,803 19 4 Balance .. .. .. .. 132,791 19 10 Balance from previous years'accounts .. 132,634 1 2 £156,438 0 6 £156,438 0 6

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