Financial Accounts




30 MAY

THE NEW ZEALAND GAZETTE

767

LOANS ACCOUNT

YEAR ENDED 31 MARCH 1960 PAYMENTS YEAR ENDED 31 MARCH 1961
£ £
16,000,000 Appropriation Act 1960, section 7— 13,000,000
3,250,000 Transfers to— 2,750,000
6,000,000 Electric Supply Account .. .. .. .. .. .. 6,000,000
14,000,000 Land Settlement Account .. .. .. .. .. .. 6,000,000
1,000,000 Post Office Account .. .. .. .. .. .. 300,000
4,500,000 Public Works Account .. .. .. .. .. .. 4,000,000
State Coal Mines Account .. .. .. .. .. ..
Working Railways Account .. .. .. .. .. ..
44,750,000
.. State Advances Corporation Act 1934–35, section 23A (2)— ..
Advances to State Advances Corporation .. .. .. .. ..
450,000 New Zealand National Airways Act 1945, section 25— ..
Advances to New Zealand National Airways Corporation .. .. ..
.. New Zealand Loans Act 1953, section 13— ..
Advances to New Zealand National Airways Corporation
.. Iron and Steel Industry Act 1959, section 12 (1)— ..
Calls on shares in New Zealand Steel Investigating Co. Ltd.
100,000 Tourist Hotel Corporation Act 1955, section 15— ..
Advances to Tourist Hotel Corporation .. .. .. .. ..
1,579,700 Advance subscriptions from previous year allocated .. .. .. ..
21,861 Balances at end of year— 422,816
9,200,000 Cash .. .. .. .. .. .. .. .. .. .. 400,000
9,221,861 Investments .. .. .. .. .. .. .. .. ..
£56,101,561 Total .. .. .. .. .. .. .. .. .. .. ..

*This amount is a supplementary transfer to New Zealand National Airways Corporation under section 13, New Zealand Loans Act 1953.

FUND

£ £ £
5,556,907 National Roads Act 1953, section 29— 4,212,051
10,267,927 State highways maintenance .. .. .. .. .. .. 8,456,087
6,045,482 State highways construction .. .. .. .. .. .. 9,748,850
603,956 Payments to local authorities .. .. .. .. .. .. 551,035
1,035,553 General .. .. .. .. .. .. .. .. .. .. 1,093,930
23,509,825 Administration .. .. .. .. .. .. .. .. .. .. 24,061,953
1,308 National Roads Act 1953, section 28A— .. 404
Unauthorised expenditure .. .. .. .. .. ..
1,480,511 Balance at end of year— 711,678
Cash .. .. .. .. .. .. .. .. .. .. ..
£24,991,644 Total .. .. .. .. .. .. .. .. .. .. .. £24,774,035


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✨ LLM interpretation of page content

💰 Loans Account Summary

💰 Finance & Revenue
Loans, Appropriation Act, Electric Supply, Land Settlement, Post Office, Public Works, State Coal Mines, Working Railways, State Advances Corporation, New Zealand National Airways Corporation, New Zealand Loans Act, Iron and Steel Industry, Tourist Hotel Corporation, Subscriptions, Cash, Investments

💰 National Roads Fund Summary

💰 Finance & Revenue
National Roads Act, State highways, Maintenance, Construction, Local authorities, General, Administration, Unauthorised expenditure, Cash