TWO MEASURES PASSED

Gisborne Herald, Volume LXVI, Issue 20024, 24 August 1939, Page 13

TWO MEASURES PASSED

PROPERTY LAW CHANGE

LAND TRANSFER BILL (Per Press Association.) WELLINGTON, this day. The House of Representatives went into committee yesterday afternoon on the Property Law Amendment Bill and the Land Transfer Amendment Bill. Several amendments made by the Statutes Revision Committee to tne Property Law Amendment Bill were approved. The Leader of the Opposition, tne Hon. Adam Hamilton, contended that the number of laws being introduced from time to time had a tendency to make land mortgages less attractive, and this should ‘be obviated wherever possible. Mr. W. A. Bodkin (Nat., Otago Central) said he did not think it could be argued that the present bill would impose any undue hardship on the mortgagee. The Legislative provision it made was generally desirable and brought New Zealand legislation into line with that in England. The Attorney-General, the Hon, H. G. R. Mason, concurred with Mr. Hamilton that it was necessary to protect the validity of land securities, and he was of the opinion that the bill would do this.

The bill was passed through the committee stages and was read the third time with little further discussion.

Several Amendments

Several amendments by the Statutes Revision Committee to the Land Transfer Amendment Bill were also approved by the House in committee. The principal amendment was the addition of a new clause restricting the licensing of land brokers to the extent that no person will be qualified to hold a land broker's license who is the holder of a license as a land agent. Mr., Hamilton stated that this clause would materially affect land brokers, and he thought they should have been consulted before t'he bill was put through the House. Mr. Bodkin explained that the clause only provided that a person should

not be both a land agent and a land broker. ’ If the bill were put through the people who held both occupations would have the right to elect whether they should continue as land brokers or land agents. Mr. Hamilton asked if the interested parties would be given the opportunity of being heard before the Statutes Revision Committee of the Upper House when the measure was before it. Tlie Attorney-General. Mr. Mason: I can give an undertaking that that will be done. The bill was then passed through the committee stages and was given its third reading and passed. Mr. Mason also moved the second reading of the Legitimation Bill, pro forma, to enable it be referred to thee Statutes Revision Committee. This was agreed to.