B.—l [Pt. IV]

LAND FOR SETTLEMENTS ACCOUNT Receipts and Payments Account for the Year ended 31st March, 1943 Receipts Payments £ £ Balances at beginning of year — £ £ Vote, " Land for Settlements Expenditure " — Cash .. .. .. .. 134,003 Salaries .. .. .. .. 1,000 Imprests outstanding .. .. 517 Accident compensation .. .. 47 Investment securities .. .. 2,136,365 Acquisition of lands and interest 2,271,485 therein— £ Sales and capital receipts— Freehold land .. .. 12,998 Estates and developed areas— £ Native land .. .. 27 Estates.. .. .. 75,490 Other lands .. .. 1,871 Buildings on estates .. 6,774 14,896 Land developed under Land Administration expenses — Laws Amendment Act, Development expenditure .. 1,818 1929 .. .. .. 1,061 Hutt Valley settlement .. 1,408 Buildings on land developed Settlements .. .. 10,081 under Land Laws Amend- • — 13,307 ment Act, 1929 .. 24 Advances for development of occupied —— 83,349 lands .. .. .. .. 11,820 Crown lands (section 20, Land Act, 1924) 89,494 Advances for protection of buildings on Land Act, 1924, section 208: Capital land-for-settlement leasehold properties 85 value of land .. .. .. 9,844 Audit fees .. .. .. .. 250 Repayment of advances : Land Development operations on Laws Amendment Act, unoccupied land — £ 1929 — Development of land .. 6,437 Current Account £ Chattels .. .. .. 3,582 advances .. 14,422 Seasonal expenditure and liveInstalment Mort- stock .. .. .. 57,894 gage advances .. 3,723 Wages— £ Realization Account 37 Development .. 3,489 18,182 Seasonal .. 18,205 Deteriorated Lands 21,694 Act, 1925— 89,607 Current Aocount Grants to County Councils for maintenance advances 8 of roads serving lands farmed by Instalment Mort- Department .. .. .. 1,543 gage advances .. 122 Improvements to and protection of settle130 ' ment lands .. .. .. 1,750 Benmore loan advances .. 66 Lodgmonts on account of capital Miscellaneous advances .. 10 values of leases— £ 18,388 Interest on .. .. 580 — 201,075 Refunds of .. .. 27 Rents and interest from estates, 607 &c. — Payments for improvements to outgoing Rents — lessees . . .. .. .. 3,285 Derived from estates .. 361,222 Preliminary expenses, inspections, &e. .. 20 Land developed under Land Telephone services .. .. .. 13 Laws Amendment Act, Travelling allowances and expenses . . 28 1929 .. .. .. 4,987 Transfer from Hutt Valley settlement Hutt Valley land .. 77 receipts (Finance Act, 1932, section 11) 20,000 366,286 158,258 Interest — Interest on capital liability .. .. .. 122,233 Derived from estates .. 26,723 Expenditure charged on proceeds of sales of land : Buildings on estates .. 4,284 Crown lands .. .. .. .. .. 630 Land devel >ped under Land Transfer to Loans Redemption Account for redemption Laws Amendment Act, of securities .. .. .. .. .. 1,700,000 1929 .. .. .. 968 Balances at 31st March, 1943 — £ Buildings on land developed Cash .. .. .. .. 672,533 under Laud Laws Amend- Imprests outstanding .. .. 8,461 ment Act, 1929 .. 36 Investment securities held .. .. 436,365 Under section 45, Land Laws 1,117,359 Amendment Act, 1929: Otago University .. 50 On Hutt Valley lands .. 4,600 —— 36,667 Royalties .. .. .. .. 653 ; 403,606 Interest on advances : Land Laws Amend - ment Act, 1929 — Current Account advances .. .. 5,326 Instalment Mortgage Advances .. 5,342 Deteriorated Land Act, 1925 — Current Account advances .. 41 Instalment mortgage advances .. 160 Benmore loan .. . • • ■ 20 Sundry creditors (amount erroneously received) .. .. • ■ 450 11,339 Sales of produce, live-stock, and miscellaneous receipts — Seasonal and live-stock .. .. 106,033 Chattels .. • • • • • • 373 Improvements .. .. •• 4,299 Wages subsidy .. 4,000 Railway maintenance .. . • 1,036 Apanui drainage maintenance .. 30 Hutt Valley lands .. .. .. 12 Insurance . - • • • • 115,786 Finance Aot, 1932 (No. 2), section 6 : Transfer from Public Works Account of cost of acquisition of areas « acquired for soldiers'settlement .. .. 2,450 Carried forward .. .. 3,005,741 Carried forward .. .. 3,098,480

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