✨ Provincial financial and land administration
of enabling the Provincial Government efficiently to perform its duties until such time as the General Assembly shall have passed some enactment upon the subject.
It appears to His Excellency, from the nearest estimate which can be made with the means at his command, that the Revenue of the whole Colony of the Islands of New Zealand, after the costs of collection and management have been defrayed, will, for the present, amount to £62,000 per annum, and that the charges upon account of the Civil List, or those imposed by Ordinances of the General Legislature,—such, for instance, as the Interest upon Public Securities, the Expenses of Savings Banks, the charges upon account of Education, &c. &c. &c.—will amount to a sum of about £21,000 per annum, or, one-third of the Net Revenue of the Colony.
The Collector of Customs will therefore receive instructions to make up his account at the close of each week, and then, having first deducted the amount necessary to defray the expenses of that Department, to pay over two-thirds of the Balance remaining in his hands to the Provincial Treasurer, or to the Provincial Account at the Union Bank of Australia, and to remit the remaining third of such Balance to the Colonial Treasurer of New Zealand.
This mode of adjustment will not in every instance be perfectly accurate, as the Revenue of the Province will from time to time vary, as will also the proportion which the Civil List and the expenses of the General Government bear to the whole Revenue of New Zealand, which may now be expected rapidly to increase. Consequently the above arrangement cannot be considered as being final. When, therefore, the accounts of the Revenue of each quarter reach the Treasurer of New Zealand, a final Account will be made out, showing the Gross Revenue of each Province, the charges on account of Collection, the proportion of the Balance due to each Province during the quarter; any balance which may then be found due to any Province, in addition to the two-thirds of its Revenue already paid, will thereupon be paid over to the Treasurer of the Province, or to the Provincial Account at the Union Bank of Australia.
In like manner, if from the anticipated increase in the Revenue of the Colony, it should shortly be found that the proportion of the Revenue to which each Province is entitled, exceeds two-thirds of the Revenue collected therein, arrangements will immediately be made for altering the amount to be paid from two-thirds to such sum as each Province may be found entitled to.
I have the honor to be, Sir,
Your Honor\'s most obedient
humble servant,
ALFRED DOMETT,
Civil Secretary.
His Honor the Superintendent
of the Province of New Plymouth.
Civil Secretary\'s Office, Wellington,
8th August, 1853.
SIR,—I am directed by Governor Sir GEORGE GREY to acquaint your Honor that, until further provision is made by the General Assembly, the Land Fund of the Province will be appropriated in the following manner.
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One-fourth of the gross proceeds of Lands sold or let, in the manner stated in the 74th clause of the New Zealand Constitution Act, will be retained for the benefit of the New Zealand Company.
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The remaining three-fourths of such gross proceeds, together with the proceeds arising from the Rents of Crown Lands, from the Fees on Crown Grants, &c. &c. &c. will be subject, in the first place, to deductions for the cost of the Land Department, Surveys, &c., as also for such proportion of the Land Fund as the Commissioners may be directed to deduct for the payments to the Aborigines for the purchase of their Lands.
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After these deductions have been made, the Balance remaining is to be divided into two equal parts, one of which is to be retained by the Commissioner for Emigration purposes, while the other part will be paid over, at the close of each month, to the Provincial Treasurer, or to the Provincial Account at the Union Bank of Australia.
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The General Government will, for the present, apply the proportion of the Land Fund applicable to Emigration purposes, in accordance with the terms of the Proclamation of the 4th of March, 1853. But if the Provincial Council of the Province of New Plymouth would prefer having any alteration
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Communication regarding financial arrangements
(continued from previous page)
💰 Finance & Revenue8 August 1853
Revenue, Provincial Government, General Assembly, Union Bank of Australia, Financial adjustment
- Alfred Domett, Civil Secretary
🗺️ Appropriation of the Land Fund for the Province of New Plymouth
🗺️ Lands, Settlement & Survey8 August 1853
Land Fund, Crown Lands, Emigration, New Zealand Company, New Plymouth
- George Grey (Sir), Governor directing Land Fund appropriation
- Alfred Domett, Civil Secretary
Taranaki Provincial Gazette 1853, No 2