B.—l [PT. ll].

PUBLIC ACCOUNTS, 1939-1 940.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—continued.

16

Gross Amount j Net Amount charged to B charged to i Ordinary Revenue i Ordinary Revenue Account. j Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 13,070,432 1 8 2,932,359 3 11 10,138,072 17 9 Brought forward .. .. 281,091 6 3 476 10 2 280,614 16 1 ADMINISTRATION AND MANAGEMENT —continued. j M ew Zealand Loans Act, 1932 :— Section 24 (1), — Amount paid Bank of England for half years ended 30th April, 1939, and 31st October, 1939, for management of New Zealand loans — Consolidated Stock .. .. .. •• 39,330 13 6 Amount paid to the Reserve Bank of New Zealand for year ended 31st Maroh, 1940, for management of New Zealand Government loans .. .. 14,392 1 9 Less amounts recovered from— £ s. d. Nauru and Ocean Islands Account 28 11 9 Electric Supply Account .. 1,914 5 4 Land for Settlements Account .. 1,296 17 6 Main Highways Account .. 744 2 4 State Coal-mines Account .. 19 8 10 State Forests Account .. .. 266 3 6 .. 4,269 9 3 49,453 6 0 Total, Administration and Management 334,814 1 6 4,745 19 5 330,068 2 1 . PAYMENTS ON GUARANTEED LOANS. Land Settlement Finance Act, 1909 Section 13 (1), — Interest and principal in arrear made good under Government guarantee Less Repayment by Associations under subsection (.5) — Bruce Land Settlement Association .. .. 852 17 9 Lake Alice Land Settlement Association 79 11 0 Moorfield Land Settlement Association .. .. 2,156 5 1 Otauiri Land Settlement Association .. . . 75 4 4 3,163 18 2 Or. 3,163 18 2 Local Bodies' Loans Amendment Act, 1908: — Section 10, — Subsidies on instalments of sinking fund— Cambridge Borough Council, due 30th April, 1939 .. 25 0 0 Christchurch City Council, due 31st March, 1939 .. ' » J Christchurch City Council, due 31st March, 1940 .. 71 5 0 Grey Lynn Borough Council, due 1st April, 1939 . 225 0 0 Levin Borough Council, due 1st April, 1939 .. 135 0 0 Port Chalmers Borough Council, due 31st March, 1940 17 10 0 Taihape Borough Council, due 1st April, 1939 .. 106 5 0 651 5 0 .. 651 5 0 Total, Payments on Guaranteed Loans 651 5 0 3,163 18 2 Cr. 2,512 13 2 ——————— - 13)405897 g 2 2,940,269 1 6 10,465,628 6 8