SELECTORS LANDS REVALUATION ACT, 1889.

Te Aroha News, Volume VII, Issue 438, 18 January 1890, Page 2

SELECTORS LANDS REVALUATION ACT, 1889.

1. The Short Title of this Act is ‘‘The Selectors’ Lands Revaluation Act, 1889.” 2. In this A ot, — “ Allotment ” nmnns any land in the occupation of a selector as herein defined : “ Land Board” or “ Board ” means the Land Board of the land district wherein any such allotment is situate : “ Seleetor " means a selector of land on deferred payments, and includes a lessee of land on perpetual lease, a selector under the village homestead special-settlement system, and also a lawful transferee of land held in either of these inodes. 3. Any selector who entered into occupation of any allotment of land.before the firot day of January, in the year one thousand eight hundred and eighty-eight, may apply to the Land Board at any time before the first day of January, in the year one thousand eight hundred and ninetyone, to have a revaluation made of the allotment in his occupation. 4. The Board mav hear any such application, and may make enquiry into each case, and for such pufpr.se shall have all the powers conferred upon a Land Boa d by section seventy-two of ‘The L md Act,. 1885 and, if they see fit, may order a revaluation to bo made of any allotment the subject of-such enquiry, in such manner as they may think best, or may confi l in the valuation appealed against, or maymake such modifications in the terms thereof, or'inay reject any application, aa they think fit. The basis of revaluation shall be thevalue of the allotment, exclusive of impiovements, at the time of revaluation, 5. Every decision upon any case heard by the Land Board under the foregoing provisions of this Act shall be submitted to the Minister, and if approved: by him. shall have the force of law, and thereshall be no appeal from the decision of such Board or the Minister. 6. When a revaluation is made and approved by the Minister, the allotments: so revalued shall be held by the respective selectors thereof at the values set forth it* the said revaluation. Nothing in this section contained shall be held to annul or repeal any provisions of any Act under which the said lands are occupied, savingas in this section exprbssl}’ mentioned. 7. The value in respect of any such, revalued allotmentshall relate hack to the date of the license or lease thereof, j' j ct to the following provisions : (I.) Payments in respect of the occupation, of any of the aforesaid allotments for the future, or in respect of any arrearsdue for such occupation in the past,, shall be made on the value of such allotments as set forth in the revalu.ation. (2.) Every selector who has paid instalments in respect of the allotment inhis oc< upation a greater amount than determined under this Act for such allotment shall receive credit for the excess in future payments for the said allotment. (3.) Every selector whose payments of instalments in respect of any allotment are equal to or greater than lb > value of such allotment as determined under this Act shall be entitled forthwith to a grant in fee thereof, but he l shall in no case he entitled to anyrefund. (4.) Every selector who has paid in rent or interest for the allotment in his occupation a greater amount than may be determined under this Act in respect of such allotment, shall receive credit in future payments of rent or interest for the same allotment to the amount of such excess.