B—l [Pt. IV]

Hutt Valley Land Settlement Account (see I Sales debtors— subsidiary accounts attached) .. .. .. 3,199 I Buildings, &c. .. .. .. .. 2,494 Land .. .. .. .. .. 17,619 Estates 20,113 Payments in advance : Rents and instalments .. .. 7,506 Mortgage outstandings (not yet payable)— Sundry suspense accounts .. .. .. .. 494 Current Account .. .. .. .. 59,910 Sundry creditors: Departmental and miscellaneous .. 1,318 Instalment mortgage .. .. .. 107,544 167,454 Land-development Crown and settlement lands under development .. .. 23,250 Land set aside : Section 8, Land Laws Amendment Expenditure on development of Crown and settleAct, 1929— £ ment lands— Areas under development: Crown lands .. 35,587 Improvements .. .. .. ~ 6,391 Settled areas— Chattels .. .. . . .. .. 1,430 Crown lands .. .. .. .. 32,898 Seasonal and live-stock .. .. 11,325 Primary education endowment lands .. 178 19,146 —-- 68,663 Sundry debtors for— Payments in advance: Rents and instalments .. .. 1,642 Rents, instalments, water levies, &c. .. 4,485 Free capital from Consolidated Eund .. .. .. 1,338 Departmental and miscellaneous .. .. 51 Accrued interest on capital expenditure .. .. 3,862 4,536 Free capital on blocks disposed of .. .. . . 386 Realization Account .. . . .. .. .. 2,341 Subsidies in respect of blocks disposed of .. .. 386 Unrecouped interest on development expenditure .. 3,862 Improvements Unsold Account: Blocks .. 1,076 Deteriorated Land Act, 1925 Mortgage outstandings— Current Account .. .. .. .. 513 Instalment mortgage .. .. .. 2,891 3,404 Sundry debtors for interest and principal instalments .. 11l £13,766,679 £13,766,679 D. M. GrREiG, Under-Secretary for Lands. G. I. Beeson, Chief Accountant. 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, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV] and to the following comments : (a) the Cheviot Estate accounts do not include a credit for interest on assets comprising cash and certain securities held by the estate at Ist April, 1930, nor a debit in respect of interest thereon paid to the Consolidated Fund in terms of section 19 of the Finance Act (No. 2), 1930. These entries have been passed through the Land for Settlements Account (General) only ; (b) the audit of the accounts of the Nelson Land District is not yet completed.— J. P. Rutherford, Controller and Auditor- General.

39