8.—7 [PT. II

YEAR ENDING 31 MARCH, 1945

PERMANENT APPROPRIATIONS.—DEBT SERVICES—ADMINISTRATION AND MANAGEMENT

PERMANENT APPROPRIATIONS.—DEBT SERVICES—PAYMENTS ON GUARANTEED LOANS

SUMMARY OF PERMANENT APPROPRIATIONS.—DEBT SERVICES

9

1944-45. 1043-41. Authorizing Act. Estimated. Estimated. Expended. New Zealand Loans Act, 1932 (Section 62) — £ £ £ Stamp duty on transfers of New Zealand Consolidated Stock .. .. .. 8,000 8,000 3,712 New Zealand Loans Act, 1932 (Section 61) — Charges and expenses of raising, paying off, or renewing securities to be charged to or paid 80,000 80,000 76,180 out of Ordinary Revenue Account of Consolidated Fund New Zealand, Loans Act, 1932 — Charges and expenses of management of New Zealand Government Securities .. 85,000 70,000 56,893 TOTALS .. .. .. .. .. .. 173,000 158,000 136,785

1944-45. 1943-44. Authorizing Act. Estimated. Estimated. Expended. Land, Settlement Finance Act, 1909 (Section 13) — £ £ £ Deficiencies in principal or interest due on debentures guaranteed by the Government .. .. Cr. 600 Cr. 2,353 Local Bodies'Loans Amendment Act, 1908 (Section 10) — Sinking funds of guaranteed loans payable to Public Trustee .. .. .. .. 600 TOTALS .. Cr. 2,353

1044-45. 1943-44. Estimated. Estimated. Expended. £ £ £ Interest .. .. .. .. •• .. •• 17,552,149 13,011,206 12,362,592 Redemption of Debt .. .. .. .. .. .. .. .. 3,687,896 3,020,859 3,223,413 Administration and Management .. .. .. .. .. 173,000 158,000 136,785 Payments on Guaranteed Loans .. .. •• .. .. .. .. .. Or. 2,353 GRAND TOTAL—DEBT SERVICES .. 21,413,045 16,190,065 15,720,437