✨ Financial Report
LOANS ACCOUNT
| YEAR ENDED | PAYMENTS | YEAR ENDED |
|---|---|---|
| 31 MARCH 1961 | £ | 31 MARCH 1962 |
| £ | Appropriation Act 1961, section 7— | £ |
| 13,000,000 | Transfers to— | 13,000,000 |
| 2,750,000 | Electric Supply Account ... | 3,750,000 |
| 6,000,000 | Land Settlement Account ... | 6,000,000 |
| 6,000,000 | Post Office Account ... | 12,000,000 |
| 300,000 | Public Works Account ... | 750,000 |
| 4,000,000 | State Coal Mines Account ... | 5,000,000 |
| 32,050,000 | Working Railways Account ... | 40,500,000 |
| 22,000,000 | State Advances Corporation Act 1934–35, section 23A (2)— | 22,000,000 |
| 1,000,000 | Advances to State Advances Corporation ... | 1,700,000 |
| 400,000* | New Zealand National Airways Act 1945, section 25— | |
| Advances to New Zealand National Airways Corporation ... | 2,000,000† | |
| New Zealand Loans Act 1953, section 13— | ||
| Advances to New Zealand National Airways Corporation ... | 904,052 | |
| Advances to State Advances Corporation ... | 11,689,601 | |
| Finance Act 1952, section 2— | 33,260,000 | |
| Advances to Tasman Pulp and Paper Co. Ltd. ... | 44,949,601 | |
| International Finance Agreements Act 1961, section 5 (a)— | 653,396 | |
| Subscription to IMF ... | 5,341,066 | |
| Security in favour of IMF ... | 5,994,462 | |
| International Finance Agreements Act 1961, section 5 (b)— | 331,907 | |
| Subscription to IBRD ... | 62,500 | |
| Security in favour of IBRD ... | 297,000 | |
| International Finance Agreements Act 1961, section 5 (c)— | ||
| Subscription to IFC ... | ||
| 25,000 | Iron and Steel Industry Act 1959, section 12 (1)— | |
| 200,000 | Calls on shares in New Zealand Steel Investigating Co. Ltd. ... | |
| 4,400 | Tourist Hotel Corporation Act 1955, section 15— | |
| Advances to Tourist Hotel Corporation ... | ||
| Advance subscriptions from previous year allocated ... | ||
| 422,816 | Balances at end of year— | 1,884,387 |
| 400,000 | Cash ... | 1,884,387 |
| 822,816 | Investments ... | 120,623,909 |
| £56,502,216 | Total ... | £ |
*This amount is a supplementary transfer to New Zealand National Airways Corporation under section 13, New Zealand Loans Act 1953.
†This amount is a supplementary transfer to State Advances Corporation under section 13, New Zealand Loans Act 1953.
FUND
| £ | National Roads Act 1953, section 29— | £ |
|---|---|---|
| 4,212,051 | State highways maintenance ... | 4,303,429 |
| 8,456,087 | State highways construction ... | 7,244,040 |
| 9,748,850 | Local bodies subsidised works ... | 10,475,913 |
| 551,035 | General ... | 638,153 |
| 1,093,930 | Administration ... | 1,089,250 |
| 24,061,953 | 23,750,785 | |
| 404 | National Roads Act 1953, section 28A— | 4,480 |
| Unauthorised expenditure ... | ||
| 711,678 | Balance at end of year— | 2,026,880 |
| Cash ... | ||
| £24,774,035 | Total ... | £25,782,145 |
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VUW Te Waharoa —
NZ Gazette 1962, No 34
NZLII —
NZ Gazette 1962, No 34
✨ LLM interpretation of page content
💰 Loans Account Financial Report for Years Ended 31 March 1961 and 1962
💰 Finance & RevenueLoans account, Financial report, Appropriation Act, Transfers, Electric Supply Account, Land Settlement Account, Post Office Account, Public Works Account, State Coal Mines Account, Working Railways Account, State Advances Corporation Act, New Zealand National Airways Act, Finance Act, Tasman Pulp and Paper Co. Ltd., International Finance Agreements Act, IMF, IBRD, IFC, Iron and Steel Industry Act, Tourist Hotel Corporation Act
💰 National Roads Fund Financial Report for Years Ended 31 March 1961 and 1962
💰 Finance & RevenueNational Roads Fund, Financial report, State highways maintenance, State highways construction, Local bodies subsidised works, Administration, Unauthorised expenditure