D—l

63

Interest on amount appropriated out of Public Works Fund and paid into Main Highways Account Construction Fund Interest on loans, recoupment to Con; solidated Fund (section 4, Finance Act, 1919) Transfer to reserve for redemption of main highway securities Payment to local authorities in commutation of toll-gate charges (Finance Act, 1925, section 20) .. 1,518 Payment to Wellington City Council in commutation of fees chargeable in respect of motor-vehicles using Hutt Road (Hutt Road Act, 1939, section 6) .. .. .. 14,704 Total, loan charges .. Subsidies, &c., in respect of other than main highways — Municipal Corporations (Municipal Corporations Act, 1933, section 71) 34,977 County Councils and other local authorities (Finance Act, 1930, section 37) .. .. .. 182,090 Subsidies to County Councils for rebate to ratepayers (Finance Act (No. 4), 1931, section 45) Subsidy on rates levied on farming land (Finance Act (No. 3), 1934, section 28) Maintenance and construction of roads giving access to outlying areas (Finance Act (No. 3), 1931) Total, subsidies .. Balance, being excess of income over expenditure, carried to General Balance-sheet 16,222 217,067 153,704 796,900* 2,803,201* 1,252,130 t 40,825 436,972 5,418,108 501,713 2,935,802 253,893 363,887 45,918 4,101,213 332,886 Transfer from Consolidated Fund (section 14, Main Highways Act, 1922) Transfer from Public Works Fund (section 16, Main Highways Act, 1922) 210,000 1,226,000 £3,184,954 £53,748,036 £3,184,954 £53,748,036 * Interest charges for period 1st July, 1944, to 31st March, 1947, remitted under Section 3 of Finance Act (No. 3), 1943. t Excludes £61,482 9s. lid. interest credited.