II. NEW SINKING FUND (1923)—(Continued).

(c) Sinking Fund for Victory Bonds (9 & 10 Geo. 5, c. 37, s. 2).

NOTE. The sums issued half-yearly from the Consolidated Fund to this account are applicable to the paying-off at 1st September of each year of 4 % Victory Bonds drawn for repayment at that date.

(d) Sinking Fund for Conversion Loan (11 & 12 Geo. 5, c. 32, s. 45).

(e) 4 % Funding Loan and 4% Victory Bonds surrendered for Death Duties

(9 & 10 Geo. 5, c. 37, s. 3).

* Including sums paid in respect of certain Bonds transferred in the previous year.

NOTE.-These securities constitute an asset proper to be set off against the Gross Capital Liabilities of

the State.

II. NEW SINKING FUND (1923)-(Continued).

(f) Other Securities surrendered for Death Duties, &c. (7 & 8 Geo. 5, c.

31, s. 34).

Securities 2 8. d.

1926-27

* Includes payment for certain Securities transferred in the previous year.

(g) Depreciation Fund for 4 % and 5% War Loan (7 & 8 Geo. 5, c. 31, s 32).

$ No 5% War Loan 1929-47 was purchased and cancelled by the Depreciation Fund in the year inasmuch as the price of this Stock was throughout the year in excess of £95 per cent.

(h) Balance-Available for general application to Debt Reduction.

tion and explanations that I have required, and I certify, as the result of my audit, that in my opinion the above Accounts are correct.

30 May, 1927.

EXCHEQUER AND AUDIT

DEPARTMENT.

(C2741) Wt. 5223-1116 500 6/27 H. St. G. 17

MALCOLM G. RAMSAY,

Comptroller and Auditor General.

1925-1926.

RETURN to an Order of the Honourable The House of Commons,
dated 3 March, 1927;-for,

COPY of "ACCOUNT of the RECEIPTS and PAYMENTS of the ACCOUNTING OFFICER of the VOTE for the Supreme Court on behalf of the Admiralty Division in Prize for the year ended the 31st day of March 1926 and for the period 4th day of August 1914 to 31st day of March 1926, together with COPY of the CORRESPONDENCE with the COMPTROller and AUDITOR GENERAL thereon."

Treasury Chambers,

RONALD MCNEILL.

1 March, 1927.

(Mr. McNeill.)

Ordered, by The House of Commons, to be Printed,
4 March, 1927.

LONDON:

PRINTED AND PUBLISHED BY HIS MAJESTY'S STATIONERY OFFICE. To be purchased directly from H.M. STATIONERY OFFICE at the following addresses. Adastral House, Kingsway, London, W.C.2; 120, George Street, Edinburgh; York Street, Manchester; 1, St. Andrew's Crescent, Cardiff;

15, Donegall Square West, Belfast;

or through any Bookseller.

1927

Price 2d. net.

Supreme Court: Prize, &c., Deposit Account.

(ii.) For the period 4 August, 1914, to 31 March, 1926.

£305,966 1 11