B—lo

OTHER SECURITIES

* Most of the Advances under Part I of the Native Land Act, 1931, are secured by statutory charge (vide section 1<? of the Native Land Amendment Act, 1936).

22

Securities. Amount held, at 31st March, 1947. Held in New Zealand Agriculture Department Promissory notes £ 766 Industries and Commerce Department New Zealand Government stock 7,000 Lands and Survey Department Mortgages, &c. 540,228 Native Department *Advances made under Part I and under section 340 of the Native Land Act, 1931, and advances made under section 48 of the Native Land Amendment Act, 1936, and advances under the Native Housing Acts, 1935 and 1938 2,651,528 ■ Public Works Department Main Highways Board agreements for advances Main Highways Board agreements for sale of plant Miscellaneous agreements Soil Conservation and Rivers Control Council agreements for advances Taieri Rivers Trust 24,339 53,794 4,540 73,434 79,800 Rehabilitation Department Various loans made by the State Advances Corporation of New Zealand under the Rehabilitation Act, 1941 3,477,157 Social Security Department Debentures, &c. 137,270 State Forest Service Promissory liotes 109,007 Department of Tourist and Health, Resorts Mortgage 943 7,159,806 i — 1