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LAND FOB SETTLEMENTS ACCOUNT— continued. Revenue Account por the Year ended 31st March, 1930. Dr. £ s. d. Cr. £ s. d. To Interest on loans .. .. .. 390,821 6 2 By Bents, &e. .. .. .. •■ 487,735 4 0 Interest under section 13, Land Laws Amend- Interest on sales.. .. .. •• 24,129 .12 0 ment Act, 1926 .. .. .. 70,210 11 0 Interest on capital expenditure- £ s. d. Interest under section 47, Land Laws Amend- Te Wera Estate .. . . 4,511 2 2 ment Act, 1929 .. .. .. 8,405 12 0 Hutt Valley Settlement .. 6,81119 11 Interest under section 208, Land Act, 1924 .. 238 12 8 11,323 2 1 Administration expenses .. .. .. 11,863 3 5 Interest on investments .. .. •• 15,801 3 9 Rebates —Rent and interest .. .. 41,980 15 1 Interest on investments in Public Debt ReRemission of rents, &c. .. .. .. 11,621 10 10 demptionFund .. .. •• 45,022 7 0 Reductions by Revaluation £ s. d. Miscellaneous .. • . • • • ■ 251 17 11 Board .. .. 29,057 2 4 Less written off to Reserve 29,057 2 4 Remissions and rents written off by Revaluation Board .. .. .. .. 7,688 12 2 Remissions and rents written off under Deteriorated Lands Act, 1925 .. .. 934 1111 Irrecoverable rents, &c, transferred to Suspense Account .. .. .. 13,676 16 4 Charges and expenses of raising loans .. 1,047 3 5 Management charges of New Zealand consolidated stock .. .. .. 971 3 3 Stamp duty on transfer of consolidated stock 4 18 11 Land for settlements —Vote expenses— £ s. d. Audit fees .. .. 100 0 0 Miscellaneous .. .. 891 5 11 Preliminary expenses .. 3,734 18 11 Salaries .. .. .. 1,000 0 0 Travelling-expenses .. 358 10 4 6,084 15 2 Depreciation of plant .. .. .. 196 1 6 Insurance premiums, &c. .. .. .. 70 2 4 Balance carried down .. .. .. 18,447 10 7 £584,263 6 9 - £584,263 6 9 He s~dT £ s - d - To Adjustment of account of previous years .. 23,257 1 4 By Balance brought down .. -. ■• 18,447 10 7 Balance transferred from Land for Settle- Adjustment on account of previous years .. 10,733 8 0 ments —Discharged Soldiers Settlement Ac- Balance transferred to Reserve Account .. 37,668 17 8 count .. .. .. .. 43,592 14 11 £66,849 16 3 £66,849 16 3

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