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Dáil Éireann debate -
Wednesday, 14 Apr 1937

Vol. 66 No. 6

Written Answers. - Land Bond Fund.

asked the Minister for Finance if he will state for each year since the establishment of the Land Bond Fund under the Land Act, 1923, the amounts paid into that fund to meet interest in respect of all bonds issued under the Land Acts since 1923, together with the sums required for the redemption of such bonds.

The information asked for is set out in the annexed statement:

Amounts paid into the Land Bond Fund are as follows:—

For Redemption of Bonds

——

For Interest on Bonds

Ordinary Sinking Fund

Guarantee Fund Advances for deficiency in Sinking Fund

£

s.

d.

£

s.

d.

£

s.

d.

Period from 1/11/24 to 31/3/26

29,651

19

4

8,763

18

4

10,827

1

8

Year 1926/27

82,980

11

8

24,213

18

11

27,813

1

1

,, 1927/28

125,224

12

8

26,551

8

0

42,722

12

0

,, 1928/29

194,872

7

9

37,566

5

1

30,289

14

11

,, 1929/30

273,362

0

5

44,347

15

8

37,310

4

4

,, 1930/31

358,860

7

2

66,036

16

0

33,858

4

0

,, 1931/32

828,273

8

1

76,192

3

1

,, 1932/33

1,101,471

3

5

132,075

2

5

,, 1933/34

1,120,837

4

9

194,166

11

2

,, 1934/35

1,135,167

16

10

211,229

11

7

,, 1935/36

1,151,104

9

2

163,643

4

2

,, 1936/37

1,179,533

0

1

159,773

19

6

NOTE.—The total of Guarantee Fund Advances for Sinking Fund Deficiency was repaid to the Guarantee Fund out of the ordinary Sinking Fund receipts of the years 1931/32, 1932/33, and 1933/34.

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