3

C.—s

Statement of the Moneys received into and paid out of the Land for Settlements Account (Opening up Crown Lands for Settlement) for the Year ended 31st March, 1928. Receipts. £ s. d. Payments. £ s. d. To Balance at beginning of year .. .. 9,060 311, By Annvial appropriation — Expenditure under Recoveries .. .. .. .. 238 2 2 ; section 47, Land for Settlements Act, 1925 6,574 18 9 Receipts under section 47, Lands for Settle- Interest recouped to Consolidated Fund .. 8,145 19 4 ment Act, 1925 .. .. .. 13,707 17 2 \ Balance—Cash in Public Account .. .. 8,630 311 Interest on investments .. . . .. 344 18 9 £23,351 2 0 £23,351 2 0 j. B. Thompson, Under-Secretary for Lands. L H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby. G. F. C. Campbell, Controller and Auditor-General. Ist August, 1928. LAND FOR SETTLEMENTS ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1928. Receipts. Payments. £ s. d. To Balance, Ist April, 1927 — £ s. d. £ s. d. By Land-for-settlement expenses (vote) .. 3,569 16 3 Cash in Public Account .. 21,515 2 4 Acquirement of estates .. .. .. 22,55.2 110 Imprests outstanding .. 837 13 0 Cost of development, Hutt Valley lands .. 89,541 13 3 Investment Account .. 141,100 0 0 Road access to settlements, cost of surveys, &c. 13,644 11 7 163,452 15 4 Administration expenses .. .. .. 10,308 15 10 Recoveries on account of expenditure of pre- Expenditure under section 8 (2) of Rangitaiki vious years (sale of statutes) .. . . 18 0 0 Land Drainage Act, 1910—Acquisition of Rents, royalties, &c. .. .. .. 376,322 19 1 Land for settlement .. .. .. 76 13 2 Receipts from sales of settlement land .. 52,129 4 7 Recoupments to Discharged Soldiers SettleInterest on sales of settlement land .. 25,424 311 ment Account in respect of amount added Interest on sales of Crown £ a. d. to capital value of land under section 20, lands .. .. 552 11 2 Discharged Soldiers Settlement AmendLess refunds and adjustments 3,200 410 ment Act, 1923 .. .. .. 32,449 6 9 . Dr. 2,647 13 8 Expenditure under section 20 (3), Land Act, Recoipts from sales of Crown land. . .. 42,161 15 8 1924—Payment in respect of land obtained Recoipts from buildings .. .. .. 1,747 8 U for Government works now deemed to be Receipts on account of farm accounts — settlement land .. .. .. 3,707 11 3 £ s. d. Expenditure under section 83 (3), Land Act, Clifton Estate ... .. 10,775 8 0 1924—Payment in respect of value of Te Wora Estate .. 7,184 13 2 improvements .. .. .. 1,505 0 0 17.960 I 2 Interest under section 208 (8), Land Act, 1924 2,47 1 5 Receipts under section 11 (2) (a), Hutt Valley Payments under section 49 (4), Land for Land Settlement Act, 1925 .. .. 95,366 11 5 Settlements Act, 1925—Amount approReceipts under section 49, (2) (3), (4) in priated from sale of Crown land in payment respect of settlement, land converted into for settlement land converted into ordinary ordinary Grown land and National-endow- Crown land .. .. .. .. 228 16 I ment land .. .. .. • .. 1,171 1 9 Payment under section 105, Land for SettleInterest on securities held by Investment monts Act, 1925, in respect of Crown lands Account .. .. .. .. 7,408 1 7 proclaimed land-for-settlements land .. 73 13 6 Miscellaneous recovery of expenditure on Expenditure under Reserves and other Lands estates, &c. .. .. .. .. 3,071 5 11 Disposal and Public Bodies Empowering Act, 1925, section 18 (1) (b) .. .. 9 5 0 Payment of interest under section 13, Land Laws Amendment Act, 1926, on proceeds of sales of Crown land .. .. .. 33,803 19 4 Te Wera Farm Account .. .. .. 18,412 3 I Stamp duty on transfers of New Zealand consolidated stock .. .. .. 6 3 8 Recoupment to the Consolidated Fund of amounts paid in respect of interest on debenture* .. .. .. .. 357,449 8 4 Recoupment of management charges of consolidated stock .. .. .. 1,297 15 9 Recoupment to Ordinary Revenue Account of amount charged thereto for reduction of funded debt " .. .. .. 489 5 10 Refunds under soction 23 (2), Finance Act, 1927 (No. 2) .. .. .. .. 7,608 6 0 Charges and expenses of raising loans .. 2 2 6 Balance at end of year— £ s. d. Cash in Public Account 6,277 5 3 Investment Account —■ Securities held .. 180,325 0 0 186,602 5 3 £783,585 15 8 £783,585 15 8