THE LAND LAWS.

Manawatu Herald, Volume XXXV, Issue 1092, 3 May 1913, Page 3

THE LAND LAWS.

Wellington, May x

xicvoa>-. covering the purchase of the fee simple of renewable lease land- / ’ under part 4 of the L,au: I. ■ ‘ Amendment Act, 1912, are giaeued. Every owner of a renewable lease of settlement land who desires, to purchase the fee simple of the land comprised in bis lease shall give notice of his intention to the Commissioner, and every such notice shall be accompanied by a statutory declaration made by the lessee. Every license to occupy issued on the determination of the renewable lease in pursuance ot the said Act shall contain such of the. provisions of the said lease as the Land Board considers applicable. If the license fads to observe any provisions or makes default in due and (nil payment of any instalment of the price or any interest due in respect thereof, the Land Board may in its discretion without any previous or other notice or demand, forfeit the said license, aud thereupon the licensee’s interest therein shall absolutely cease and determine, but such forfeiture shall not affect any right or remedy to recover from the licensee any . money payable by him under the said license (other than in respect of instalments of price), nor release the licensee from 'any penalty or liability in respect of anything done or omitted to be done by him. Every such license to occupy shall be under the band of the Commissioner of Crown Lauds. The declaration to be made by the applicant for the fee simple is to the effect that the land concerned in the application, together with all other land owned, held or occupied by him under any tenure whether in severalty or jointly with any other person, does not exceed a total area of 3000 acres computed as follows : (a) Every acre of firstclass land is reckoned as acres ; (b) every acre of second class land is reckoned at 2 acres : and (c) every acre of third class laud is reckoned as the acre.”