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B—2

The following certificate was furnished by the Controller and Auditor-General:—■ Pursuant to section 9 of the New Zealand Loans Amendment Act, 1947, I hereby certify that — (a) The total amount of the public debt outstanding at the end of the financial year ended on the 31st day of March, 1950, was six hundred and seventy million seventy-one thousand three hundred and forty-one pounds twelve shillings and fourpence (£670,071,341 12s. 4d.). (b) The total amount outstanding at the end of the financial year aforesaid in respect of the defined portion of the public debt was five hundred and sixty-seven million nine hundred and ninety-fivp thousand three hundred and fifty-nine pounds fourteen shillings and eightpence (£567,995,359 14s. Bd.). (c) The amount of the public debt repaid or redeemed under the provisions of paragraph (b) of section 12 of the above-mentioned Act within the financial year aforesaid was five million four hundred and eighty-seven thousand and sixty-four pounds sixteen shillings and sevenpence (£5,487,064 16s. 7d.), and the aggregate amount of the public debt that has been so repaid or redeemed under the provisions of section 12 (b) referred to above and of the Repayment of the Public Debt Act, 1925, since the Ist day of April, 1925, to the 31st day of March, 1950, was fifty-five million four hundred and thirty-eight thousand seven hundred and ninety - four pounds seventeen shillings and sixpence (£55,438,794 17s. 6d.). Controller and Auditor-General. Chairman, Public Debt Commission,

A-pproximaU Cos of Paper.—Preparation, not given- printing (711 copies), £5.

By Authority: R. E. Owen, Government Printer, Wellington. —1950.

Price 3d.]

3

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