H.—l7

NATIONAL PROVIDENT FUND Revenue Account for the Year ended 31st December, 1942 Amount of Fund at beginning of year (Ist January, £ National Provident Fund Act, 1926 — £ 1942) .. .. .. .. .. 6,432,859 Maternity claims (section 19) .. .. .. 6 National Provident Fund Act, 1926— Maternity claims (section 43) .. .. .. 68 Contributions .. .. .. .. 342,234 Refund of contributions on lapse, reduction, and Interest .. .. .. .. .. 248,416 withdrawal (sections 11, 12, and 13) .. .. 74,406 Fines (section 11 (4) ) .. .. .. .. 266 Refund of contributions in lieu of annuity (section 14) 16,302 Government contribution under Act (sections Incapacity allowances (sections 17 and 18), including 52 and 74 (2)) .. .. .. .. 82,719 contributions waived on incapacity (£1,378) .. 9,253 Refund of maternity claims by the State (sec- Death: Refund of contributions (sections 15 (5) tions 42 (2) and 70) .. .. .. . . 75 and 16) .. .. . . .. .. 45,439 Contributions overpaid on exit .. .. .. 281 Death : Allowances on account of widows and childBenefits refunded on exit (sections II to 16 and 28).. 21,181 ren (section 15) .. .. .. .. 12,569 Miscellaneous receipts .. .. .. .. 7 Annuities (sections 13 and 48) .. .. .. 104,379 Refunds unclaimed .. .. .. .. 469 Refund of contributions overpaid on exit .. .. 281 Public Trustee: Charges .. .. .. 2,814 War-risk insurance premiums .. .. .. 632 Amount of Fund at ond of year (31st December, 1942) 6,862,358 £7,128,507 £7,128,507

Balance-sheet as at 31st December, 1942 Liabilities £ Assets £ Fund as per Revenue Account .. .. .. 6,862,358 In hands of Public Trustee— Disbursement Account .. .. .. .. 1,041 Invested .. .. .. .. .. 6,763,668 National Provident Fund Act, 1926— Uninvested .. .. .. .. .. 15,143 Claims due and in course of payment*— Post Office .. .. .. .. .. 10,252 Death: Refunds (section 16) .. .. .. 2,281 Balances in transit .. .. .. .. 19,777 Death : Refunds (section 15 (5) ) .. .. 233 National Provident Fund Act, 1926— Death : Allowances (section 15) .. .. 42 Contributions outstanding or in course of transAnnuities (sections 13 and 48) .. .. 533 mission* — Allowances (section 17) .. .. .. 32 (a) Contributions due but not overdue .. .. 17,879 Refunds of contributions in lieu of annuity (b) Contributions overdue .. .. .. 2,744 (section 14) .. .. .. .. 243 Government subsidy due under Act* (sections 52 and Public Trustee : Charges* .. .. .. 994 74 (2)) .. .. .. .. .. 82,719 Refunds in Suspense .. .. .. .. 45,189 Fines due* (section 11 (4) ) .. .. ~ 173 Suspense Account .. .. .. .. 1,268 Interest due* .. .. .. .. .. • 4,556 Contributions prepaid .. .. .. .. 14,666 Interest accrued but not due* .. .. .. 83,224 Investment Fluctuation Reserve .. .. .. 71,255 £7,000,135 £7,000,135 * Included in Revenue Account.

Wellington, 31st July, 1943.

E. M. Porteous, Deputy Superintendent.

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.— Cykil G. Collins, Controller and Auditor-General.

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