B.—l [PT. I].
PUBLIC ACCOUNTS, 193 8-1 939
STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the
20
PUBLIC DEBT Year Yeah ended 31st March, ended 31st March, RECEIPTS. IftSQ 1938. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 39,794 11 5 Cash .. .. .. .. .. .. .. .. -■ 5,757 4 2 Repayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund in respect of the Public Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,076,161 9 5 outstanding at 31st March, 1938 .. .. .. .. .. 1,084,282 7 8 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 74,817 3 8 redeemed to 31st March, 1938 .. .. .. .. .. 83,386 4 10 Subsection (6), being 3| per cent, of the amount of the Public Debt redeemed 523,720 5 11 to 31st March, 1938 .. .. .. .. .. .. .. 583,703 13 9 Subsection (b), being 3J per cent, of the amount of the Public Debt cancelled 5,074 16 10 during the year, computed from the dates of redemption .. .. 2,750 18 5 _ 1,754,123 4 8 1,679,773 15 10 £1,719,568 7 3 Totals .. .. .. .. .. .. .. £1,759,880 8 10 REMITTANCES TO £ s. d. Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d. 9,928,800 0 0 from Public Account, Wellington .. .. .. .. .. .. .. 9,031,300 0 0 £9,928,S00 0 0 Totals .. .. .. .. .. .. .. £9,031,300 0 0 RESERVE FUND £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 5,627 4 3 Cash .. .. .. .. .. .. .. .. .. .. 865,178 9 0 Investment Account — 357,897 0 10 Securities held .. .. .. .. .. .. .. .. 375,897 0 10 Hawke's Bay Earthquake,— 26,741 14 5 Repayments of Loans made to Earthquake Sufferers .. .. .. 31,365 18 3 10 0 0 Repayment of Loans made to Local Authorities .. .. .. .. 434 14 9 31,800 13 0 26,751 14 5 Public Revenues Act, 1926, Section 114, — 853,897 0 6 Transfer from Consolidated Fund £1,214,173 0 0 Totals .. .. .. .. .. £1,272,876 2 10
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