72

1. FORMS OF CROWN TENURE— continued (i) Prior to the Land Act, 1948— continued

Tenure. Section of Land Act Under Which Title Issued. Term of Lease or Licence. Right of Renewal. Right of Freehold. 29. Small farms lease Section 5, Small Farms 33 years Perpetual, for terms None. Amendment Act, 1939 of 33 years 30. Small grazing-rmi lease Part V, Land Act, 1924 .. 21 years Right to whole run For cash or by deferred payments if not required for at any time during currency of subdivision; if lease. subdivided, lessee has right to lease one lot 31. Special-tenure lease (Crown Section 4, Discharged Soldiers 66 years Perpetual For cash or on deferred payments land) Settlement Act, 1915 at any time at original capital value. 32. Special-tenure lease Section 4, Discharged Soldiers 33 years Perpetual For cash or on deferred payments Settlement Act, 1915 at any time at original capital value. Area limit, 3,000 acres. 33. Special-tenure lease (settleSection 3, Discharged Soldiers 33 years Perpetual Ditto. ment land under section 3, Settlement Amendment Discharged Soldiers SettleAct, 1917 ment Amendment Act, 1917) 34. Temporary lease (O.L. or Section 147, Land Act, 1924 Year to year or not None None. M.L.) exceeding 5 years 35. Thermal-springs lease (or Section 366, Land Act, 1924 1 Not exceeding 63 years None None. lands surrounding) 36. Village-homestead allotments / T*Qn OITTQ K|A IOOOQI Section 220, Land Act, 1924 66 years Perpetual Cash or deferred payments. ClltJ W ct UlO lcdiot/) 37. Agreement for sale and Section 16, Land Laws 35 years None Freehold acquired by instalments purchase Amendment Act, 1944 over 35 years.