680
THE NEW ZEALAND GAZETTE
[No. 34
STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the
LAND SETTLEMENT

YEAR ENDED 31ST MARCH, 1949.

£ s. d.
804,094 2 6
46,456 7 0

850,550 9 6

2,450,000 0 0

3,973,286 0 9

199,920 0 0

1,267,966 11 3

161,000 0 0
83 6 8
..
..

£8,902,806 8 2

RECEIPTS.

Balances at beginning of year—
Cash transferred from Land for Settlements Account as at 1st April, 1949
Imprests transferred from Land for Settlements Account as at 1st April, 1949

Transfer from National Development Loans Account
Lands and Survey Department—
{ Capital receipts (excluding settlement of ex-servicemen)
Rents, interest, royalties, &c.
Receipts from civilian development schemes
Receipts from settlement of ex-servicemen
Miscellaneous receipts
Transfer from Consolidated Fund—
Subsidies on marginal lands, losses on development of lands for rehabilitation purposes
Maori Affairs Department—
{ Receipts from land-development schemes
Receipts from other activities
Transfer from Consolidated Fund—
Subsidies on marginal lands, losses on development of lands for rehabilitation purposes
Proportion of interest earned on Public Account cash balance investments
Balances transferred from Deposits Account in terms of the Land Act, 1948, section 27 (2)
Amount received from Public Trustee in terms of Land Act, 1948, section 27 (4)

Totals

YEAR ENDED 31ST MARCH, 1950.

£ s. d. £ s. d.
624,634 6 5
28,656 18 1

653,291 4

..
3,300,000 0

541,135 5 9
917,982 1 8
300,175 13 5
3,143,427 18 0
447 18 1

4,903,168 16 1

..
10,000 0

1,120,862 16 6
290,622 19 0

1,411,485 15

..
4,000 0
83 6

88,331 12 2
22,092 15 11

110,424 8

£10,392,453 11 8

The Land Act, 1948, section 27, established the Land Settlement Account and abolished the Land for Settlements Account as from the 1st April, 1949.

The figures for the year ended 31st March, 1949, are in respect of the former Land for Settlements Account.

Rents, royalties, and interest from Crown Lands previously credited to Ordinary Revenue Account are, in terms of the Land Act, 1948, payable to the Land Settlement Account as from 1st April, 1949.

LOANS REDEMPTION

£ s. d.
213,836 19 5
4,000,000 0 0

4,213,836 19 5

27,496,120 0 0
..

985,000 0 0

4,513,155 16 1

191,401 19 7
570,000 6 0
4,200,000 0 0
470,000 0 0
..
358,153 0 0
26,071 1 2

38,809,902 2 10

£43,023,739 2 3

Balances at beginning of year—
Cash
Investments

New Zealand Loans Amendment Act, 1947—
Section 11 (a)—
Moneys raised for the purpose of repaying loans—
Securities issued in conversion and in renewal of loans
Securities issued in conversion of loans (1948-49 cash instalments)
Cash instalments received on account of 3-per-cent. London stock maturing 1st June, 1973-77

Section 11 (b)—
Annual Contribution from Consolidated Fund
Section 11 (c)—
Amounts received for redemption of loans from—
Electric Supply Account
State Advances Corporation (Housing Account)
Ordinary Revenue Account
Ordinary Revenue Account
Land Settlement Account
State Coal-mines Account
Miscellaneous

Totals

£ s. d. £ s. d.
314,731 15 9
3,985,000 0 0

4,299,731 15 9

45,438,944 0 0
985,000 0 0

46,423,944 0 0

..
4,723,040 19 9

356,401 1 2
450,000 0 0
200,000 0 0
470,000 0 0
1,265 0 0
109,375 10 0
22,758 2 7

1,609,799 13 9

£57,056,516 9 3