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B—7 [Pi; I]

YEAR ENDING 31 MARCH, 1949

PERMANENT APPROPRIATIONS— continued

(a) Section 17 of the Finance Act (No. 2), 1935, provides that the Minister of Finance may refund to every racing club totalizator-tax up to £5OO received from that club, equal to 2J- per cent, of the gross totalizator-takings during the year. (b) As from the Ist April, 1948, the annual subsidy to the Fund is payable under the provisions of section 86 (1) (a) of the Superannuation Act, 1947. £ (c) Government Railways Superannuation Fund .. .. .. .. 81,500 Public Service Superannuation Fund .. .. .. .. .. 82,000 Teachers' Superannuation Fund .. .. .. .. .. .. 36,500 £200,000

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TTV!"T"\"E!"r> CfTVCVlT A.T A/"irpa /~\Tfl rpTT-n x 1948-49. 1947-48. UNDH/K fePJiOlAL AClb OJb lHii LjcAJiC5ij.ajLU£t.Ei Estimated. Expended, OTHER SPECIAL ACTS HIGHWAYS £ £ £ Finance Act, 1927 (No. 2), (Section 24), and Motor-spirits Taxation Act, 1927 (Sections 6-10)— Payments to boroughs, &c. 210,000 209,000 219,281 ADVANCES TO OTHER GOVERNMENTS Finance Act, 1930 (No. 2), (Section 7) Gr. 105,661 SUPERANNUATION Superannuation Act, 1947 (Section 86 (1) r«; )- Subsidy to Government Superannuation Fund 1,530,000 ■ • •'.. Superannuation Act, 1947 (Section 86 (1) (!>))— Contribution to meet deficiency in Fund (on account) .. 1,000,000 2,530,000 WAR EXPENSES ACCOUNT War Expenses Act, 1939, Section 2 (4) (e) — Transfer to War Expenses Account 2,055,000 MISCELLANEOUS ■ Appropriation Act, 1925 (Section 15) — Payments to Imperial War Graves Com mission 19,030 15,000 10,766 Appropriation Act, 1926 (Section 15) — Travelling-expenses of His Excellency r the Governor- • General and staff in excess of amoum i provided under the Civil List Act, 1920 .. 4,000 3,000 3,649 Bank of New Zealand Act, 1945 (Section 7) — Costs, charges, and expenses of acquiring Bank of New Zealand shares 250 350 384 Purchase of Bank of New Zealand shares 7,250 32,150 35,583 Finance Act (No. 3), 1934 (Section 8)— Interest on income-tax paid in advance 37,500 42,500 38,173 Finance Act (No. 2), 1935 (Section 17)— Refunds to racing clubs of proportion of totalizator duty (a) 57,000 55,000 59,598 Finance Act (No. 2), 1942 (Section 3)— Additional annual subsidies to Superann uation Funds .. (b) 200,000 (c) 200,000