YEAR ENDED 31ST

PART I. AN ACCOUNT of the PUBLIC INCOME

in the Year ended the 31st March 1923, prepared in compliance with

MARCH 1923.

AND EXPENDITURE of the UNITED KINGDOM

Section 4 of the Sinking Fund Act, 1875 (38 & 39 Vict. c. 45).

OUTSIDE THE PERMANENT OR FIXED ANNUAL CHARGE:
Interest, &c., on Debt created under the War Loan Acts, 1914
to 1919, and the Finance Act, 1920-

ROAD FUND

PAYMENTS TO LOCAL TAXATION ACCOUNTS, &c.
PAYMENTS TO NORTHERN IRELAND EXCHEQUER

536,266 3 7 1,278,103

2,704,800 66

Army (including Ordnance Factories)

45,400,000

III.-ISSUED FROM REVENUE TO REDEEM DEBT, AND
DIRECTED BY THE FINANCE ACT, 1922, TO BE
INCLUDED AS EXPENDITURE

(This is in addition to the Depreciation Fund, Sinking Funds for Funding Loan, Victory Bonds and Conversion Loan, Issues for Bonds, &c., surrendered for Death, &c. Duties under Sec. 34, Finance Act, 1917, and Sec. 3 (3) of the War Loan Act, 1919, and the Capital of Terminable Annuities, all of which are included in I. above. See also note on p. 6.)

101,515,847 9 11

PART II.—AN ACCOUNT of the BALANCES of PUBLIC MONEY remaining in the INCOME and EXPENDITURE as shown under Heads I. and II. of PART I.) in the

3,070,717,078 16 - 1,003,987,000

1,017,976

(d) Temporary Advances on the credit of Ways and Means Anglo-Persian Oil Company :

Dividends on Shares acquired

Repayments:

In respect of Suez Canal Drawn Shares

Issues under Land Settlement (Facilities) Acts, 1919
and 1921.

Section 59 (4) of the Finance Act, 1920
Interest received under Section 59 (5) of the Finance Act, 1920
Excess of Income over the Ordinary Expenditure shown in Part I.,
Heads I. and II., in the Year ended 31st March, 1923

£4,214,829,552 17 4

*The Balance at the Bank of England includes a sum of 196,000l. representing the under Section 9 of the Finance Act, 1908, and 173,2141. representing the unissued part Section 16 of the Finance Act, 1911.

Treasury, 14 April 1923.

I hereby certify, pursuant to the provisions of the Act 38 & 39 Vict. c. 45, 8. 4, EXCHEQUER AND AUDIT DEPARTMENT

24 April 1923.

EXCHEQUER on the 1st April 1922; of the RECEIPTS and PAYMENTS (not being Year ended 31st March 1923; and of the BALANCES in the EXCHEQUER on day.

Temporary Advances on the credit of Ways and Means repaid

Anglo-Persian Oil Company:

Issued to the National Debt Commissioners

Cunard Loan Repayments: Issued to reduce Debt under the Cunard
Agreement (Money) Act, 1904

Suez Canal Drawn Shares: Issued to reduce Debt under the Finance Act,
Proceeds of National Savings Certificates:

[1898

Issued under the Finance Act, 1920, Section 59 (4)
Old Sinking Fund, 1910-11, issued under Section 16 (1) (b) of the
Finance Act, 1911

Balances in the Exchequer on the 31st March 1923

1,017,975 18

unissued part of the Old Sinking Fund, 1907-8, which was made applicable to Expenditure of the Old Sinking Fund, 1910-11, which was made applicable to Expenditure under

that the foregoing Accounts are correct.

20052

O. E. Niemeyer.

Malcolm G. Ramsay,

Comptroller-General of the Receipt and Issue of His Majesty's Exchequer

and Auditor-General of Public Accounts.

B