B—l [Ft. IV]

Land-development I Mortgage outstandings (not yet payable)— Land set aside : Section 8, Land Laws | Current Account .. .. .. 36,060 Amendment Act, 1929— j Instalment mortgage .. .. .. 97,063 Areas under development : Crown lands.. .. 27,734 133,123 Settled areas— Crown and settlement lands under development .. .. 23,250 Crown lands .. .. .. .. 41,171 Expenditure on development of Crown and settlement lands— Primary education endowment lands .. 178 Improvements .. .. .. .. 9,519 69,083 Chattels .. .. .. .. .. 2,288 Payments in advance: Rents and instalments .. .. 1,049 Seasonal and live-stock .. .. .. 17,340 Capital accounts in credit— 29,147 Current Account mortgages .. .. .. 4,593 Debtors for rents, instalments, water levies, &c. .. .. 3,149 Realization Account .. .. .. .. 23 Realization Account .. .. .. .. .. 1,610 4,616 Subsidies in respect of blocks disposed of .. .. 386 Creditors: Departmental and miscellaneous .. .. 284 Unrecouped interest on development expenditure .. .. 5,521 Free capital from Consolidated Fund .. .. .. 1,670 Improvements Unsold Account: Blocks .. .. .. 987 Accrued interest on capital expenditure .. .. .. 5,521 Free capital on blocks disposed of .. .. .. 386 Deteriorated Lands Act, 1925 Mortgage outstandings— Current Account . . .. . . . . 200 Instalment mortgage .. .. .. 1.617 1,817 j Debtors for interest and principal instalments . . . . 3 £10,186,465 I £10,186,465 D. M. Greig, Director- General of Lands. Y. J. H. Pledger, A.R.A.N.Z., Chief Accountant. 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, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return B-l [Pt. IV].— J. P. Rutherford, Controller and Auditor-General.

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