8.—7 [PT. I]

DETAILS OF ESTIMATES FOR THE

PERMANENT APPROPRIATIONS.—DEBT SERVICES—ADMINISTRATION AND MANAGEMENT.

PERMANENT APPROPRIATIONS.—DEBT SERVICES—PAYMENTS ON GUARANTEED LOANS.

ANALYSIS OF PERMANENT CHARGES—DEBT SERVICES.

(a) For comparative purposes, exchange amounting to £1,305,000 paid on interest on London debt should be added to this figure.

10

1948-44. 1942-43. Authorizing Act. | . Amount. Recoverable. Est imate. Estimated. Expended. New Zealand Loans Act, 1932 (Section 62)— £ £ s onn 1 177 Stamp duty on transfers of New Zealand Consolidated Stock .. 8,000 .. 8,000 8,000 4,177 New Zealand Loans Act, 1932 (Section 61) — . . Charges and expenses of raising, paying off, or renewing securities to be 80,000 .. 80,000 80,0U0 charged to or paid out of Ordinary Revenue Account of Consolidated Fund New Zealand Loans Act, 1932 ■ _ r . r , ruin ntt nnn aa Charges and expenses of management of New Zealand Government 70,000 .. 70,000 70,000 00,817 Securities TOTALS 158,000 158,000 164,000 136,879

1943-44. 1942-43. Authorizing Act. Amount. Recoverable. Bst imate. Estimated. Expended. Land Settlement Finance Act, 1909 (Section 13) — £ £ £ £ J® Deficiencies in prinoipal or interest due on debentures guaranteed by tbe .. bOO Or. bUU Or. t>UU Or. ya/ Government Local Bodies' Loans Amendment Act, 1908 (Section 10) — Sinking funds of guaranteed loans payable to Public Trustee .. 600 .. oOU t>uu TOTALS .. • ■ ■ • • • ■ • 600 600 Gr. 353

1943-44. 1942-43. Recoveries Net Charge Gross * r0I ?« n *■ a Estimated. Expended, uruss. respective Consolidated * Accounts. Fund. r vterbst £ £ £ £ £ Net Interest (chargeable to Consolidated Fund) .. .. 16,256,380 3,245,180 13,011,206 9,641,028 (a) 9,676,998 AMO Nbt AT Amobtizatiok Charge (ohargeable to Consolidated 3,020,859 .. 3,020,859 2,587,375 2,582,042 Fund) ' " = Administration and Management IBS.000 168,000 164,000 136,879 Payments on Guaranteed Loans .. • • • • 600 ®00 • • — 0 r ■ 353 GRAND TOTAL—DEBT SERVICES ..19,435,845 3,245,780 16,190.065 12,392,403 12,395,566