H.—l7.

NATIONAL PROVIDENT FUND. Revenue Account fob the Yeae ended 31st December, 1940. Amount of Fund at beginning of year (Ist January, £ National Provident Fund Act, 1926 — £ 1940) .. .. .. .. .. 5,648,415 Maternity claims (section 19) .. .. .. 70 National Provident Fund Act, 1926 — Maternity claims (section 43) .. .. .. 2,807 Contributions .. .. .. .. 309,499 Refund of contributions on lapse, reduction, and Interest .. .. .. .. .. 225,546 withdrawal (sections 11, 12, and 13) .. .. 93,379 Fines (section II (4) ) .. .. .. .. 570 Refund of contributions in lieu of annuity (section 14) 11,544 Government contribution under Act (sections 52 Incapacity allowances (sections 17 and 18), including and 74 (2) ) .. .. .. .. 76,444 contributions waived on incapacity (£1,369) .. 9,208 Refund of maternity claims by the State (sec- Death: Refund of contributions (sections 15 (5) tions 42 (2) and 70) .. .. .. 2,876 and 16) .. .. .. .. .. 29,575 Contributions overpaid on exit .. .. 165 Death : Allowances on account of widows and childBenefits refunded on exit (sections 11 to 16 and 28).. 11,638 rcn (section 15) .. .. .. 12,312 Miscellaneous receipts .. .. .. .. 2 Annuities sections 13 and 48) .. .. .. 89,737 Refunds unclaimed .. .. .. .. 346 Refund of contributions overpaid on exit .. .. 165 Public Trustee: Charges .. .. .. 2,770 Amount of Fund at end of year (31st December, 1940) 6,023,934 £6,275,501 £6,275,501 Balance-sheet as at 31st December, 1940. Liabilities. £ Assets. £ Fund as per Revenue Account .. .. .. 6,023,934 In hands of Public Trustee — National Provident Fund Act, 1926—■ Invested .. .. .. .. .. 5,986,730 Claims due and in course of payment*— Uninvested .. .. .. .. .. 10,615 Maternity (sections 19 and 43) .. .. 501 Post Office .. .. .. .. .. 2,836 Death: Refunds (section 16) .. .. 3,039 Balances in transit .. .. .. .. 10,856 Death : Refunds (section 15 (5) ) .. .. 2,804 National Provident Fund Act, 1926 — Death : Allowances (section 15) .. .. 339 Contributions outstanding or in course of transAnnuities (sections 13 and 48) .. .. 2,130 mission*— Allowances (section 17) .. .. .. 238 (a) Contributions due but not overdue .. .. 12,287 Refunds of contributions in lieu of annuity (ft) Contributions overdue .. .. .. 1,881 (section 14) .. .. .. .. 1,070 Government subsidy due under Act* (sections 52 and Public Trustee: Charges* .. .. .. 1,059 74 (2)) .. .. .. .. .. 76,444 Refunds in Suspense .. .. .. .. 60,649 Refund due n respect of maternity claims* (secSuspense Account . .. .. .. 542 tions 42 (2) and 70) .. .. .. .. 572 Contributions prepaid .. .. .. .. 12,422 Fines due* (section 11 (4) ) .. .. .. 119 Investment Fluctuation Reservo .. .. .. 71,277 Interest due* .. .. .. . . .. 6,579 Interest accrued but not due * .. .. .. 71,085 £6,180,004 £6,180,004 * Included In Revenue Account. R. M. Porteous, Deputy Superintendent. Wellington, Ist August, 1941. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. — C!yril G. Collins, Controller and Auditor-General.

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