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Wednesday, 1 October 1958


Mr Bryant t asked the Minister for Defence, upon notice -

1.   What amounts voted in respect of each of the defence services have remained unspent in each financial year since 1949-50?

2.   How has this money been employed?


Sir Philip McBride - The answers to the honorable member's questions are as follows: - 1. (a) The following statement shows the underexpenditure of Defence Votes in each financial year since 1949-50 in respect of the three services and other departments concerned (excluding unexpended amounts of appropriations for payment to the Strategic Stores and Equipment Reserve Trust Account referred to in (b) below): -

 

(b)   The net under-expenditures of £10,275,000 in 1953-54 and £14,466,000 in 1954-55 are the unexpended amounts after payments to the Defence Equipment and Supplies Trust Account of £12,000,000 in 1953-54 and £8,000,000 in 1954-55. In 1950-51 and 1951-52 there were also appropriations totalling £87,500,000 for payment to the Strategic Stores and Equipment Reserve Trust Account and the amount actually credited to the Account was £67,096,000. The unused balances of these two trust accounts were -

Defence Equipment and Supplies Trust Account . . 19,479,000

Strategic Stores and Equipment Reserve Trust Account . . 46,568,000

2.   In accordance with statutory requirements, the unexpended portions of the amounts voted in the Estimates lapsed at 30th June each year, and the unused balances of the trust accounts were paid to the Consolidated Revenue Fund in 1956-57.







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