PARLIAMENTARY JOTTINGS

Hokitika Guardian, 24 September 1921, Page 3

PARLIAMENTARY JOTTINGS

(Our Parliamentary Correspondent.)

DELUGE OF BILLS. WELLINGTON, September 23. ' There was a small deluge of Government Bills which surprised the House to-day. It is the usual custom to withhold Bills until the Address-in-Reply dehate is completed, in order to avoid giving members additional material for speeches, hut the Government has a week to spare on this occasion and it has brought down the Mortgages and Deposits Extension Bill, Motor Vehicles Bill. Animals protection Bill, and Game Bill; Government of Sujnoa Bill and Forests Bill. QUESTIONS AND NO CONFIDENCE. ' This afternoon, questions occupied the House for the best part of mi hour without providing much of interest. The new member for I’at.ea gave notice to move the Address-iii-Replv and the Labour Leader (Mr Holland) presented the amendment he intends to move. It takes the form of a direct want of confidence motion, and mentions finance, housing and unemployment as the reasons why the (.lovornjneut cannot possess the contidence of the House. DECEASED M EMBERS llv other business of the day in B"tH Chambers was the passing of resolutions relating to deceased members. MOTOR VEHICLE BILL. The Motor Vehicle Bill is n comprehensive measure providing for the licensing of motors and drivers, the inspection of motor vehicles, the issue of by-laws and punishment of reckless or negligent drivers. It proposes that all motor vehicles shall !«’. registered and licensed annually. Tiler" is a lm«; of £2O per day for driving an unreg- . istcred m unlicensed vehicle. Applica- ( lions for registration must he made | before April 30th.. 1922. and an an- j nu.at lice,is. fee payable, to specia. ; Government olliris will he '-’I" C’ motor coach.,£7 for Dude motor, Co for a private motor. FI l»r "intor cycles. £lO for traction engine, and —•» for every other motor vehicle. MORT< 1 \Gf.s extension. ‘ The Mortgages and Deposits Extension Bill introduced m-day following th,. line.* that were indicated some tune ago by the Acting Minister for I‘innnce U repeals tin- Mortgages Extension acts of 1919-1921 and substitutes a new system of extension with a limitation of the term and provision for repayment of the niincipal by im-talmonU. The Bill is lengthy and complex. Us l>n>visi.uis apply to all mortgages except trad"- mortgages, securities tor l“*" ls under the Repatriation Act, and on it- ] gages securities lor loans under the Re- , palliation Act and Mortgages executed, after October 21th.. 1919. They apply also with necessary mollifications to agreements for the sale and I utobnse of laud mad- before October 21th. 1919. and I ••('■ of land (("gaining optional or a . nmpuK"ry pureh.iMng . clause granted before that date. Ihc, Bill provides that a mortgagee shall not demand payment of tin’ principal sum before June 30th.. 1922. I If the principal sum is already due or falls due before .lull.' 3tlfh.. 192*. the mortgagor may give notice to the Rnlilic Trustee before Mi'i'ch 30th., j 1922, that lie desires the mortgaged extended. The mortgagee will he notified by the Ruhlic Trustee and il lie does not lodge an objci lion the mortgage will he extended to ’.June 30th.. 1925 on c.-rtnin comliilions-. If the mortgagee objects the case will I c referred to the Laud Board for the district. The Land Board after considering the cin iimstancos may allow the objection, disallow it or grant an extension for a ; reduced term or make special provision for repayments by instalments. Ihc conditions for the extension, if there is no appeal made by the mortgagee and that the mortgagor shall nay interest at 6) per cent unless the interest provided by the mortgagee exceeds that amount and that the mortgagor shall pay 5 per cent oil' the principal ill the year 19‘Jtl, and 10 per cent off the prill- | eipal in each of the proceeding years. the payments to he mn,le hv equal hall- j venrlv instalments. ’ MONEY ON DE’POSIT. i The second part of the Bill deals i with money held on deposit. If the j principal sum held on deposit does imt ; exceed £I.OOO the dim date is extend- | ed to December 315 t.,, 1922: If the sum j excivds £I.OOO the due date L extand- j ed to .hum 30th., 1923. The rate of j interest is to he unless the j lender desires otherwise. re|Niyment is j to he made by instalments. If the to- j tal sum does not exceed £I.OOO the in- j slnliimiits will he 10 per cent in the months of January. April. July and October 1922. and the balance mi December 315 t... 1922. If the sum exceeds £IOOO. 7{ per cent will !k‘ paid’ in January. April. .Inly and October 1922, and .lanimiy and April 1923, and j tilt* I inhume on June 30th. 1923.