8.—7 [Pt. I].

YEAR ENDING 31 MARCH, 1942.

PERMANENT CHARGES—continued.

REMARKS. (a) Post and Telegraph Department, £75,000; Railways Department, £80,000; Electric Supply Account, £125,000; War-expenses Account, £1,500,000; Loans Redemption Account, £785,000; other accounts, £70,000. (6) Additional expenditure arose from the repayment of £4,000,000 sterling in reduction of indebtedness to Imperial Government. (c) Tire-tax, £62,888 ; motor-vehicles fees, fines, &c, £573,473 ; transfer to vote " Customs "in respect of expenses incidental to the collection of tire-tax, £993 ; total, £637,354. (d) 92 per cent, of net tax collected payable!; o Main Highways Account and the remaining 8 per cent. to certain local authorities. (e) Section 19 of the Finance Act, 1932-33 (No. 2), provides that, in the case of motor-vehicles other than petrol or electrically driven, four-tenths of tax and fines shall be credited to the Consolidated Fund, and six-tenths dealt with as provided by section 9 of the Motor-spirits Taxation Act, 1927. (/) Section 17 of the Finance Act (No. 2), 1935, provides that the Minister of Finance may refund to every racing club totalizator-tax up to £500 received from that club, equal to %\ per cent, of the gross totalizator takings during the year. £ (g) Public Service Superannuation Fund .. .. .. .. .. :., 16,500 Teachers' Superannuation Fund .. .. .. .. .. .. 113,000 Government Railways Superannuation Fund .. .. .. .. .. 70,500 £200,000 (h) " Thirds " and " fourths " of rentals, &c, received are paid to local bodies for the construction and maintenance of roads and bridges and opening up Crown lands.

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