THE LAND BILL
INTRODUCED IN THE HOUSE
SOME uiv jUK IROYISIONS
yli'j TilajrapJi --Special t'.i .-I</''■)
WELLINGTON. Lust Night
Ti;& Land Laws Amendment Bili was introduced by the Minister of
Lands (Hon W. F. Massey) this evening, read a first time, and referred to tho Lands Committee.
The principal clauses provide that in the event of a Crown tenant 'being unable at' any time, through apy n.t- ---•| tural, disastrous or sufficient cause, to pay the rent due, on the recommendation of the Land Board the Minister may postpone the payments el not- more than one year's rent, nut:! such time as he may determine.
The Governor may grant the fee simple of any area of the national endowment land in exchange for the fee simple of -any other land of equal value, the land so acquired to become endowment land. »
In regard to small grazing runs, Minister may determine," at the expiration of the please, of the vim be suitable for subdivision, that the land be disposed of in two or more allotments by way of renewable lease, tiie lesseee to be entitled to'receive a renewable lea-se of one of the said allotments, the total value of the improve-' ments to bo determined nnd paid tli<' lessee.
The Minister may agree with i'.n owner of land to -subdivide into allotments, plan the subdivision, and define roads, bridges and improvements.
owner by public tender lor lease with then right to purchase, the reserve price is t-Q be agreed upon between the owner and the Minister, the deposit not to exceed 10 per centum. | In respect to the tenants of renewable lease and land for settlement lands, the tenant is to have the right to acquire the fee simple of the hold- ' ing at a price equal to the value of , the land at the time of purchase, less tho present value of tho lessee's iuter- ] est in tiie unexpired term of the ( lease and interest on tho value of the improvements effected by him. I The measure embodies only half of the Government's land policy. Tho balance - will be brought down next I session.
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Wairarapa Age, Volume XXXII, Issue 10718, 27 September 1912, Page 5
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353THE LAND BILL Wairarapa Age, Volume XXXII, Issue 10718, 27 September 1912, Page 5
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