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Supply Services-continued.

The Issues for SUPPLY SERVICES in the YEAR 1922-23, as shown in the foregoing STATEMENT, were made out of the following GRANTS.

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MEMORANDUM of the application of the Balances of the Grants of Ways and Means remaining unissued on 1st April 1922, and of the Grants for the Year. 1922-23.

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Deduct.-Amount of Issues for Supply Services, and Surplus Balances written off in the Year (as per preceding Statements), out of the Ways and Means Grants of the under-mentioned Years, viz. :

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Balance of Ways and Means Grants remaining unissued on 31st March 1923 (equal to Balance of Grants in Supply as detailed on £ pages 62 to 73)

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51,401,120 6 4

NATIONAL DEBT.

STATEMENT showing Transactions in connection with the CREATION OF REDUCTION of the NATIONAL DEBT, in the Year ended 31st March 1923.

8. d.

* DEBT ON WHICH INTEREST IS INCLUDED IN THE
PERMANENT OR FIXED ANNUAL CHARGE.

FUNDED DEBT:

Outstanding on 31st March 1922

Reduced in the Year ended 31st March 1923, by :-
Stock transferred for the purchase of Life Annuities, including 279,5331. 38. 10d.
purchased with money received for said Annuities, per 10 Geo. IV. c. 24;
16 & 17 Vict. c. 45; 27 & 28 Vict. c. 43; 45 & 46 Vict. c. 51; and 51 &
52 Vict. c. 15

314,523,311 10 5

302,570 1 11 Funded Debt on 31st March 1923, on which Interest is included in the Perma- £. 314,220,741 8 6 nent or Fixed Annual Charge (for details, see page 84)

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Unfunded Debt on 31st March 1923 on which Interest is included in the
Permanent or Fixed Annual Charge

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DEBT ON WHICH INTEREST IS EXCLUDED FROM THE
PERMANENT OR FIXED ANNUAL CHARGE.

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NOTE.-Exchequer Bonds issued under the Capital Expenditure (Money) Act. 1904, for the purposes of the Naval and Military Works Acts, under the Cunard Agreement (Money) Act, 1904, and under the Telephone Transfer Act, 1911, are not included in the Unfunded Debt, but in Other Capital Liabilities (page 89). The amounts outstanding on the 31st March 1923 were, respectively, 1,553,3007., 656,000l. and 2,949,500l.

For the details of the Permanent or Fixed Annual Charge, see pages 38 and 39.

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