THE WORKER AND HIS HOME.
AN ANOMALOUS LAW TO
BK AMENDED
The Slate Guaranteed Advances Act ot last session mentions that any application fora loan “shall be accompanied by a statutory declaration that the applicant is a worker within the meaning of this Act, and that be desires the loan for the sole purpose of erecting a home for himself and his family.” It is held by the administrative authorities that the law as it stands does not allow advances to be made against houses already built. Only those who intend to bnild can be benefited. Linder the old board, prior to the amending Act of last session, the State lent money on “second-hand " buildings, and the cessation of this practice has caused some dissatisfaction. Enquiries in official quarters produced a reply that the law in its present form was capable ot only one interpretation —advances for building purposes only —but this matter was a technicality which would probably be altered in the direction requested during next session.
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https://paperspast.natlib.govt.nz/newspapers/MH19100324.2.15
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Manawatu Herald, Volume XXXII, Issue 818, 24 March 1910, Page 3
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168THE WORKER AND HIS HOME. Manawatu Herald, Volume XXXII, Issue 818, 24 March 1910, Page 3
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