PUBLIC ACCOUNTS, 1927-1 928.

Year ended 31st March, 1928, compared with the Year ended 31st March, 1927—continued.

7—B. 1 [PT. I].

43

B.—l [PT. 11.

(Opening up Crown Lands for Settlement). 1926-192/. 1Q97—1Q9R Grn „ EXPENDITURE. lval bross - Gross. £ s. d. Annual Appropriation,— £ s d. £ s d 13,968 19 7 Vote—Opening up Land for Settlements .. .. .. .. .. .. | (; 574 j'g <j I Public Revenues Act, 1926, Section 139, — ' Interest recouped to the Consolidated Fund .. .. .. .. .. 8 j45 19 4 Balance at end of Year, — 9,060 3 11 Cash in the Public Accouut, .. .. .. .. 8 630 3 11 Imprests outstanding— In the Dominion .. .. .. .. .. .. j | i 8,630 3 11 £23,029 3 6 Totals .. .. .. .. . t _ | £23 2 0 ACCOUNT. "• | £ s. d. £ s. d. New Zealand Inscribed Stock Act, 1917, Section 3, — 169,580 0 0 | Bonds and Debentures converted into Inscribed Stock .. .. .. 307,450 0 0 4J-per-cent. Securities free of Income-tax converted into 4|-per-cent. Inscribed 55,940 0 0 | Stock free of Income-tax .— 4J-per-cent. Securities free of Income-tax converted into 5-per-cent. Inscribed 27,620 0 0 Stock, 1941, not free of Income-tax 118,900 0 0 Inscribed Stock converted into Debentures .. .. .. .. .. .. 357,000 0 0 5,150 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock .. .. .. 14,150 0 0 Finance Act, 1922, Section 3 (5), —- Stock Certificates replaced bv Inscribed Stock .. .. .. .. .. 1,300 0 0 1,020 0 0 Inscribed Stock (Death Duties) replaced by Inscribed Stock, — Finance Act, 1925, Section 3 .. .. .. .. .. .. 4,800 0 0 Finance Act, 1917, Section 76 (4) .. .. .. .. .. .. 1,700 0 0 Finance Act, 1918, Section 15 (6) .. .. .. .. .. .. 500 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 5 (6) .. ,. 2,600 0 0 — — 9,600 (I 0 Public Revenues Act, 1926, Section 143, —• 1,900 0 0 Bonds lost and replaced by Inscribed Stock .. .. .. ... .. 250 0 0 tt New Zealand Loans Act, 1908, — 47,600 0 0 Death Duty Stock redeemed at Maturity .. .. ,. .. .. .. 22,000 0 0 427,710 0 0 Carried forward .. .. .. .. .. .. ' 711,750 0 0 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure arc 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 fcund on page 74.