13.—1 [PT. I].

PUBLIC ACCOUNTS, 192 7-1 928.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

38

LAND ASSURANCE 1926-1927. RECEIPTS. 1927-1928. . : . - - £ >. d. Balance at beginning of Year, — £ s. d. £ s. d. 2,365 9 9 Cash in the Public Account .. .. .. .. .. .. 4,652 2 9 78,400 0 0 Investment Account .. .. .. .. .. .. .. 76,400 0 0 — 81,052 2 9 80,759 9 9 Receipts under Section 185, Land Transfer Act, 1915, — Levy on value of Land brought under the Act .. .. .. .. • • 55 3 2 Receipts under Section 4, Mortgagees Indemnity (Workers' Charges) Act, 1927, — Mortgagees Indemnity Fees .. .. .. .. .. .. • • 1,121 12 0 3,297 18 0 Interest on Investments .. .. .. .. .. .. .. .. 3,411 5 3 £84,057 7 9 Totals .. .. .. .. .. .. .. £85,640 3 2 LAND FOR SETTLEMENTS £ s. d. Balance at beginning of Year, — I £ s. d. £ s. d. 679 15 1 Cash in the Public Account .. .. .. .. .. .. i 21,515 2 4 Imprests outstanding— 5,488 1 6 In the Dominion .. .. .. .. .. .. .. j 837 13 0 127,000 0 0 Investment Account .. .. .. .. .. .. ■■ 141,100 0 0 — I 163,452 15 4 133,167 16 7 Credits-in-Aid, — 22 17 8 Vote—Land for Settlements Expenses Credits in Reduction, — Unauthorized Expenditure— Services not provided for .. .. .. .. .. .. 24 3 10 Credits in reduction of Expenditure on Estates, — 2,042 19 0 Acquirement of Estates .. .. .. .. .. .. .. j 2,452 7 4 11,227 2 5 Expenses incidental to Estates .. .. .. .. .. .. 13,142 15 6 15,595 2 10 13,270 1 5 Recoveries on account of Expenditure of Previous Years .. .. .. .. 18 0 0 Receipts derived from Estates, — 357,322 2 2 Rents .. .. .. .. .. .. .. .. .. 376,475 13 10 53,506 4 7 Sales .. .. .. .. .. .. .. .. .. 51,984 4 7 24,032 17 1 Interest on Sales .. .. .. .. .. .. .. 25,438 9 8 453,898 8 1 434,861 3 10 Land Laws Amendment Act, 1912, Section 5, — 657 6 8 Interest on Sales of Crown Lands .. .. .. .. .. .. 533 10 8 Less Refunds and Adjustments .. .. .. .. .. .. 3,200 4 10* D r . 2,666 14 2 Land Act, 1924, Section 20, — 46,503 8 1 Sale of Crown Lands .. .. .. .. .. .. .. .. 42,275 5 7 I Land Act, 1924, Section 208, — 212 9 0 Receipts on account of Capital Value of Land .. .. .. 628,695 3 3 Carried forward .. .. .. .. ... .. 672,597 1 6 * Includes £3,182 8s. under Section 213, Land Act, 1924. Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) 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 74.