B—l [Pt. IV]

LAND FOR SETTLEMENTS ACCOUNT Revenue Account for the Year ended 31st March, 1946 Dr. Cr. Expenses of a general nature— £ Revenue of a general nature— £ Interest on capital— Interest on investments in Public Account .. .. 860 Loans .. .. .. .. .. .. 337,713 Interest on funds in Small Farms Account .. .. 92,646 Value of Crown land in estates . . . . .. 8,478 Revenue derived from estates— Accumulated funds of Cheviot Estate .. . . .. 6,484 Rents .. .. .. .. .. .. 452,915 Other Departments and funds .. .. .. .. 2,848 Interest on sales— Interest payable under section 208, Land Act, 1924 .. 570 Land .. .. .. .. .. .. 16,331 Audit fees .. .. .. .. .. .. 250 Buildings .. .. .. .. .. .. 4,184 Expenses referring to estates— Miscellaneous interest, &c. .. .. .. .. 69 Capital losses on revaluation, reallotment, &c. .. 40,334 Royalties .. .. .. .. .. .. 828 Administration charges : Salaries, &e. .. .. ~ 1,157 Land-development revenue— Administration expenses .. .. . .. 8,869 Rents .. .. .. .. .. .. 5,114 Rebates .. .. .. .. .. .. 33,109 Interest on sales, &c. .. .. .. .. .. 931 Remissions of rent, &c. .. .. .. .. .. 9,925 Interest on advances .. .. .. .. .. 7,027 Rents, &e., written off .. .. .. . . .. 799 Interest earned on sundry blocks farmed by the Department .. 528 Protection of securities: Repairs, &c. .. .. .. 618 Profit on disposal of developed blocks .. .. .. 4,689 Expenses chargeable to land-development revenue— Miscellaneous .. .. .. .. .. .. 6 Administration expenses .. .. .. .. 322 Revenue derived under the Deteriorated Land Act, 1925 : Interest Rebates .. .. .. .. . . .. 877 on advances .. .. .. .. .. .. 14-2 Remissions of rent, &c. .. .. .. .. .. 211 Rents, &c., written off .. .. .. . . .. 968 Compensation for injuries to workmen .. .. .. 60 Miscellaneous . . . . .. .. .. . . 1 Expenses chargeable on revenue dervied under the Deteriorated Land Act, 1925— Administration expenses .. .. .. .. 4 Rebates .. .. .. .. .. .. 13 Balance: Surplus for year carried down .. .. .. 132,660 £586,270 £586,270 £ Balance brought forward .. .. .. .. .. 199,802 £ Interest on capital moneys received from sale of Crown lands Surplus for year ended 31st March, 1946, brought down .. 132,660 (section 13, Land Laws Amendment Act, 1926) .. .. 127,439 Balance carried forward : Deficiency to 31st March, 1946 194,581 £327,241 £327,241 Note.—In accordance with Treasury approval T. 40/436 of 25th March, 1946, no allowance has been made in the above Revenue Account for rent charged in advance of, or interest accrued to but not payable at, 31st March, 1946.

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