B—l [Pt. IV]

DEPARTMENT OF MAORI AFFAIRS— continued MAORI HOUSING (LAND FOR SETTLEMENTS ACCOUNT) Receipts and Payments Account for the Year Ended 31st March, 1949 Receipts Payments Repayments by Maoris— £ £ Advances to Maoris for— Principal • • ~49,408 Purchase of and repairs to dwellings .. .. 247, <}U7 Interest " ' 15,105 Purchase of tools of trade 18 247>325 Deposits against advances .. .. •• •• 19,114 Refunds of deposits .. •• •• •• •• Balance (withdrawal from Land for Settlements Account) .. 186, 185 Land for allocation as housing-sites.. .. .. • • Preparatory costs : Grouped housing sites .. .. • • Interest on loan capital paid to Consolidated Fund .. .. 19,315 £269,812 I £269,812 ====== | ===== Revenue Account for the Year Ended 31st March, 1949 Expenditure £ Income £ £ Interest on loan capital .. .. •• •• 12,361 Interest earned on loans " " \ l7 Losses written off 13 Less interest allowed on credit balances .. .. 417 Balance, being excess of income over expenditure .. .. 2,785 ' Insurance rebates . . .. •. • • • • • • £15,159 J * £15,159

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