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NATIONAL PROVIDENT FUND (1) Revenue Account for the Year ended 31st December, 1946 Amount of Fund at begin- £ £ National Provident Fund Act, 1926 —■ £ ning of year (Ist Janu- Refund of contributions on lapse, ary, 1946) .. .. 8,116,044 reduction, and withdrawal (sees. National Provident Fund 11, 12, and 13) .. .. 210,835 Act, 1926 Refund of contributions in lieu of Contributions .. 400,375 annuity (sec. 14) .. .. 38,470 Interest .. .. 295,189 Incapacity allowances (sees. 17 Fines (sec. 11 (4) ) .. 317 and 18), including contributions Government contribu- waived on incapacity (£1,734) .. 13,687 ticn under Act (sees. Death : Refund of contributions 52 and 74 (2)) .. 96,914 (sees. 15 (5) and 16) .. .. 41,446 Contributions over- Death: Allowances on account of paid on- exit .. 405 widows and children (sec. 15) .. 14,352 Benefits refunded on Amnn^ 6B (sees 13 and 48) .. 143,658 exit (sees. 11 to 16 Refund of contributions overpaid on and 28) .. 21,904 exit .. .. .. .. 405 Miscellaneous receipts .. 1 Public Trustee : Charges .. 2,695 Refunds unclaimed .. 6,253 War-risk insurance premiums .. 103 8,937,402 Amount of Fund at end of year Harbour Boards' funds (31st December, 1946) .. .. 8,985,360 received on merger .. 513,609 £9,451,011 £9,451,011 Balance-sheet as at 31st December, 1946 Liabilities £ Assets £ Fund as per Revenue Account .. 8,985,360 In hands of Public Trustee^ — National Provident Fund Act, 1926 Invested .. .. .. 8,904,341 Claims due and in course of pay- Uninvested .. .. .. 16,322 ment* — Disbursement Account .. .. 1,624 Death: Refunds (sec. 16) .. 1,123' Post Office .. .. .. 18,020 Death: Allowances (sec. 15) .. 114 Balances in transit .. .. 29,865 Annuities (sees. 13 and 48) .. 1,126 National Provident Fund Act, 1926—Allowances (sec. 17) .. .. 30 Contributions outstanding or in Public Trustee : Charges* .. 843 course of transmission* — Refunds in Suspense .. .. 91,347 (a) Contributions due but not Suspense Account .. .. 2,682 overdue .. .. 21,302 Contributions prepaid .. .. 21,318 (b) Contributions overdue .. 2,915 Investment Fluctuation Reserve .. 69,154 Government subsidy due under Act* (sees. 52 and 74 (2) ) ".. .. 96,914 Fines due* (sec. 11 (4) ) .. .. 183 Interest due* .. .. .. 3,497 Interest accrued but not due* .. 78,114 £9,173,097 £9,173,097 •Included in Revenue Account. W. L. Comrie, Superintendent. R. S. Brown, Accountant. Wellington, 11th June,-1947. 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.—J. P. Rutherford, Controller and Auditor-General.

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