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WEST COAST LEASES

EFFECT OF RECENT AMENDMENT The holders of what are known as old leases under the West Coast Settlement Reserves Act have had their position ] very much improved by an amendment t introduced into the Native Land Claims y Adjustment Act passed this session. When these lands were put up, there were regulations issued under which it was provided that compensation was to be paid for improvements up to £5 per acre. Amongst the improvements mentioned was reclamation of land. It was k understood that this covered bushfelling and draining. When the leases were drawn out only buildings and fencing 1 were mentioned in them. In all cases 1 where lessees under the Act of 1802 conJ verted their leases from old into new leases " under the latter Act, they were allowed ' compensation for all improvements up to £& per acre. As a doubt had been rais- ' ed, the Public Trustee brought the mat- ■ teh before the Supreme Court in the case • of C. W. Tinkler, whose lease was first to expire. The ruling of the Court was that L only buildings and fencing could, under ■ tlhe text of the leases, be claimed and '■ allowed for as improvements. This plac- ' ed holders of the thirty-year leases in a i very unsatisfactory position, because the >. regulations issued, when they took up i the leases, cleanly gave them to under- : stand that bushfelling, etc., would be rei paid to them, and' the leases would naturally be thought by them to be in con- , formity with the conditions set out in the regulations. We daresay three-fifths i of the lessees would have signed the leases, where pencil marked, without even reading them. Section 4of the Native Land Claims Adjustment Act just : passed provides that lessees are to get full benefit for anything which is an improvement within the meaning of that , word in the Land Act, so that it now makes it clear that they are to get , bushfelling, grassing, draining, etc., up i to £5 per acre. Of course these old . leases will still have to go up for public , competition in exactly the same manner as Tinkler's lease was dealt with. This was understood from the commencement , and lessees have no ground for complaint [ so long as they are only subjected- to 1 fair market competition. If, however, as it was expressed in a recent report of the Public Trustee, it is intended: to place the Maori owners in comeptition with them, then it will cause a great amount [ of dissatisfaction, as naturally the owners would be in a position to either out- ' bid the present holders, or at any rate to bump up the rents to a rack renting point, which would not be satisfactory to the lessees, nor do we think it would be for the benefit of the district.—Opunake Times.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19101216.2.59

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LIII, Issue 212, 16 December 1910, Page 7

Word count
Tapeke kupu
473

WEST COAST LEASES Taranaki Daily News, Volume LIII, Issue 212, 16 December 1910, Page 7

WEST COAST LEASES Taranaki Daily News, Volume LIII, Issue 212, 16 December 1910, Page 7

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