DETERIORATED LAND
HALF A MILLION WRITTEN OFF. WELLINGTON, August 13. The annual report bn Grown land settlement shows that the work of the various committees set up under the provisions of the Deteriorated Lands Act has ’ practically been completed. The total number of applications for relief received from settlers in various districts was 1864. In 1455 cases reductions amounting to £503,843 have been made in capital values, involving a reduction of £23,739 in annual rents and interest payable.
Mortgages have been reduced by some £51,262, sixty cases having teen dealt with under this heading. Advances totalling £24,335 have been authorised in suitable cases for. purchase of fencing materials, lime and man'ures, while Remissions of rent have been granted on a liberal basis ton conditions providing that an equivalent amount is expended on improvements. . The recommendations of tho various committees have been given effect to wherever possible, and the assistance granted in terms of the Act has proved a great benefit in enabling tho settlers concerned to make good progress with the cask of bringing their holdings back into full production.
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Hokitika Guardian, 15 August 1929, Page 5
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180DETERIORATED LAND Hokitika Guardian, 15 August 1929, Page 5
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