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LAND FOR SETTLEMENTS ACCOUNT (DISCHARGED SOLDIERS SETTLEMENT ACCOUNT). Receipts and Payments Account for Year ended 31st March, 1928. Receipts. Payments. £ s. d. To Balance at Ist April, 1927— £ s. d. £ s. d. By Administration expenses .. .. .. 2,095 1!) 7 Cash in Public Account .. 23,273 II 6 Land for settlement of discharged soldiers — Investment Account .. 95,000 0 0 Vote, " Expenses" .. .. .. 1,362 13 7 118,273 11 6 hand Laws Amendment Act, 1927, section 20, Receipts— Discharged Soldiers Settlement AmendRents, &c. .. .. 74,149 9 7 ment Act, 1923, section 20 (4)— Sales .. .. .. 1,078 16 4 Amount recouped to Discharged Soldiers Interest on sales.. .. 494 8 11 Settlement Account in respect of amount Miscellaneous.. .. 575 10 6 added, to capital value of land.. .. 6,130 18 1 76,298 5 4 Road access, Sic., to settlements .. .. 9,343 6 1 Section 49 (4), Land for Settlements Act, Refunds of revenue . .. .. .. 1,386 0 5 1925 —Amount received in respect of Publio Revenue Act, 1926, section 139 — settlement land converted into ordinary Interest recouped to Consolidated Fund .. 50,000 0 0 Crown lands .. .. .. 168 16 1 Amortization of debt —Securities redeemed Interest on securities and investments .. 6,830 12 1 and cancelled .. .. .. .. 100,000 0 0 Temporary transfers to other Accounts— Balance at 31st March, 1928 — £ s. d. Adjustments consequent upon Finance Act, Cash in Public Account .. 6,889 18 3 1927 (No. 2), section 16 .. .. 20,000 0 0 Investment Account ~ 45,000 0 0 Credits in aid—Vote, "Land for settlement of 51,889 18 3 discharged soldiers'expenses " .. .. 637 II 0 £222,208 16 0 £222,208 16 0 Revenue Account for Year ended 31st March, 1928. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 1,849 7 2 By Accrued rents, &c. .. .. .. 85,339 18 5 Improvements to settlements (Vote, " Ex- Accrued royalties .. .. .. 120 7 4 penses") .. .. .. .. 732 10 7 Interest on sales.. .. .. .. 639 18 3 Interest on loans .. .. .. 131,272 3 11 Interest on investments .. .. .. 6,813 12 1 Irrecoverable rents .. .. .. 7,933 14 4 Interest allowed on sinking-fund contributions 1,251 5 1 Losses under Deteriorated Balance carried down .. .. .. 227,903 12 10 Lands Act, 1925— £ s. d. Reductions in value of land 18,140 0 0 Reductions in value of buildings .. .. 515 0 0 Remissions of rent .. 292 1 7 Rents written off .. 2,576 6 8 21,523 8 3 Miscellaneous expenses .. .. .. 278 7 5 Rebates .. .. .. .. 5,137 14 4 Remissions of rent .. .. .. 3,341 8 0 Reserve for losses on revaluation of properties 150,000 0 0 £322,068 14 0 £322,068 14 0 £ s. d. £ s. d. To Balance brought down .. .. .. 227,903 12 10 By Interest allowed on sinking-fund contributions Balance from previous year .. .. 289,35117 1 to 31st March, 1927 .. .. .. 4,106 6 2 Accumulated revenue loss written off under Finance Act, 1927 (No. 2), section 22 .. 289,35117 1 Balance carried forward .. .. .. 223,797 6 8 £517,255 9 11 £517,255 9 11 i