B.—J [Pt. IJ ].

PUBLIC ACCOUNTS, 1935-1936

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under SPECIAL ACTS of the LEGISLATURE and of RECOVERIES in respect of such DISBURSEMENTS for the FINANCIAL YEAR ended 31st March, 1936. Debt Services.

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Gross Amount I Net Amount n ,. char S® d 40 1 Recoveries charged to Ordinary llevenue recoveries. Ordinary Revenue Account. | Account. £ s. d. £ s. d. £ s. d. Interest (details as shown in foregoing statement) .. 10,333,070 3 3 2,602,876 9 7 7,730,193 13 8 AMORTIZATION OF DEBT. Sinking Fund. Finance Act, 1928, Section 13 :— Westport Harbour Act, 1920, — Westport Harbour Board Act, 1884 —• Sinking Fund in respect of loans raised by Westport Harbour Board— Annual payment in terms of section 13 (4) (a) .. 7,000 0 0 .. 7,000 0 0 Amount paid in terms of section 13 (4) (d), being 4| per cent, in respect of £85,750 paid by the Public Trustee to 31st March, 1935, for redemption of loans .. .. .. .. 3,858 15 0 .. 3,858 15 0 Total, Sinking Fund .. .. 10,858 15 0 .. 10,858 15 0 Repayment of Funded Debt. Repayment of Funded Debt (in terms of section 8 of the Finance Act, 1922, under Memorandum of Agreement with the Imperial Government dated 6th September, 1922)* .. Total, Repayment of Funded Debt* Repayment of the Public Debt Act, 1925. Repayment of the Public Debt Act, 1925 :— Section 11 (a), — Amount transferred to the Public Debt Repayment Account, being contribution for the Year 1935-36 of \ per cent, on the public debt within the meaning of the Act outstanding at 31st March, 1935 (J per cent. on £208,599,968 4s. 2d.) .. .. .. 1,042,999 16 10 .. 1,042,999 16 10 Amount transferred to the Public Debt Repayment Account, being contribution of J per cent, on £11,832,033 12s., debt redeemed under the Act to 31st March, 1935 .. .. .. .. 59,160 3 4 .. 59 160 3 4 Section 11 (6), — Amount transferred to the Public Debt Repayment Account, being contribution of 3J per cent, on £11,832,033 12s., debt redeemed under the Act to 31st March, 1935 .. .. .. .. 414,121 3 6 .. 414,121 3 6 Amount transferred to the Public Debt Repayment Account, being contribution of 3| per cent, on £1,440,215, debt redeemed under the Act during the year 1935-36, computed from the dates of redemption to 31st March, 1936 .. .. .. 26,805 7 2 .. 26 805 7 2 Total, Repayment of the Public Debt Ac<U925 1,543,086 10 10 .. 1,543,086 10 10 SECURITIES REDEEMED. Repayment of Advances in Terms of Deed of Hypothecation dated 15th February, 1933. Finance Act, 1931 (No. 4), Section 7 (2): — Repayment of portion of amounts advanced .. .. 950,000 0 0 950,000 0 0 Total, Repayment of Advances .. 950,000 0 0 950,000 0 0 Transfer to Loans Redemption Account. Public Revenues Act, 1926, Section 135 (4): — Amount transferred to the Loans Redemption Account for the redemption of Main Highways loans, representing proportion of the interest on the balance of the Loans Redemption Account earned by moneys held in that account for the redemption of Main Highways loans .. .. .. .. .. 13,987 2 11 .. 13,987 2 11 Total, Transfer to Loans Redemption Account .. .. .. 13,087 2 11 .. 13,987 2 11 Carried forward .. .. . . 12,851,002 12 0 3,552,876 9 7 9,298,126 2 5 _ I . ' * Payments suspended following Hoover proposals regarding war debts.