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New Zealand Spectator and Cook's Strait Guardian, Volume VII, Issue 572, 25 January 1851, Page 4

[From the Governmet Gazette, 21st January.] Colonial Secretary’s Office, Wellington, 17th January, 1851. HIS EXCELLENCY THE GOVER-NOR-IN-CHIEF has been pleased to direct the publication of the following Act of the Imperial Parliament relating to the disposal of Lands in the Canterbury Settlement, for general information. By His Excellency’s command, Alfred Domett, Colonial Secretary,

ANNO DECIMO TERTIO & DECIMO QUARTO VICTORIA REGINJE. CAP. LXX. An Act empowering the Canterbury Association to dispose of certain Lands in New Zealand. [l4th August, 1850.] HEREAS by Letters Patent dated the ’ ’ Twelfth Day of February in the Fourth Year of the Reign of Her present Majesty certain Persons therein named were constituted a Body Corporate, with perpetual Succession and a Common Seal, by the Name of “ The New Zealand Company,” for the Purpose of purchasing, acquiring, and alienating Lands within Her Majesty’s Colony of New Zealand and its Dependencies, and for other the Purposes therein set forth : And whereas Her* Majesty on the Twenty-third Day of December One thousand eight hundred and forty-six issued under Her Majesty’s Sign Manual and Signet certain Instructions accompanying the New Zealand Charter of the same Date, and providing amongst other things in the Thirteenth Chapter thereof for the Settlement of the Waste Lands of the Crown in the said Colony of New Zealand, and on the Twenty-seventh Day of January One thousand eight hundred and forty-nine issued certain additional Instructions in relation to the said Lands : And whereas by an Act passed in the Session of Parliament holden in the Tenth and Eleventh Years of the Reign of Her said Majesty, intituled, An Act to promote Colonization in New Zealand, and to authorize a Loan to the New Zealand Company, after enacting that the Provisions relating to the Settlement of the Waste Lands of the Crown contained in the Thirteenth Chapter of the said Instructions, with the Exceptions therein mentioned, should be suspended and of no Force and Effect within the Province of New Munster in the said Colony of New Zealand until the Fifth Day of July in the Year One thousand eight hundred and fifty, and during such further Time as should be directed by Parliament, and that all the Demesne Lands of the Crown in the said province of New Munster, and all the Estate and Right of Her Majesty therein, or Power and Authority over the same or any Part thereof, should from and immediately after the passing of the said Act, and during the Suspension of the said Instructions, be absolutely and entirely vested in the said New Zealand Company, in trust, to sell or otherwise dispose of the same as therein mentioned, and after reciting that it was expedient to provide for the Contingency of the New Zealand Company finding themselves unable to continue their Proceedings with profit to themselves and. Benefit to the said Colony, it was enacted, that if the Directors of the said Company should give Notice to One of Her Majesty’s Principal Secretaries of State, within Three Calendar Months next after the said Fifth Day of April One thousand eight hundred and fifty, by any Instrument under the Seal of the Company, that they were ready to surrender the Charters of the said Company to Her Majesty, and all Claim and Title to the Lands granted or awarded to them in the said Colony, all the Powers and Privileges of the said Company (except astherein provided) should cease and determine, and all the Lands, Tenements, and Hereditaments of the said Company in the said Colony should thereupon revert to and become vested in Her Majesty as Part of the t-• ' • .