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tures, Interest, and Costs, any surplus of the said Fund shall be
paid over to the said Superintendent to be applied for the purposes
expressed in the said recited Act, Sess. XI., No. 2, and the said
Court shall from time to time make such order in the premises as
to it shall seem fit for effectuating the objects hereinbefore mentioned.

XIII. The said Superintendent shall in each and every year until payment of the Debentures issued under authority of this Act
invest on the security of Debentures issued by the General Government or upon security of real property within the Province of
Auckland or in the re-purchase of any Debentures issued under this
Act, a sum of money out of the annual income or proceeds from the
lands comprised in the Deed of Grant of the twenty-third day of
March 1858 hereinbefore referred to, equal to two pounds per centum on the amount of the said Debentures unpaid at the time of
such investment for the purpose of forming a sinking fund to pay
off the said Debentures, and the interest to accrue upon all monies
so invested shall from time to time be re-invested in the like manner for the like purpose.

XIV. All monies received by the Superintendent under authority of this Act shall after defraying all necessary expenses
of raising the same be applied in the first place in payment of the
sum due to the Oriental Bank Corporation, and then in refunding
to the General Revenue of the Province the monies due and owing,
or which may have been advanced from such General Revenue on
account of the said Harbour Improvements, and the balance (if any)
shall be applied for the purpose expressed in the said-recited Deed
of Grant.

XV. This Act shall have no force or effect until a day to be fixed by the Governor by Proclamation in the New Zealand
Gazette after he shall have been requested by the Superintendent
and Provincial Council of the Province of Auckland, to bring this
Act into operation.

SCHEDULE A.

1st. All that portion of Section Number 2 of the City of Auckland in the parish of
Waitemata in the County of Eden containing by admeasurement four acres and
three roods (more or less) bounded on the North by Custom House-street one thousand one hundred and eighty links on the East, South East and South by Fore-street
two hundred and sixteen links six hundred and thirty-nine links and five hundred
and fifty-three links and on the West by allotments Nos. 1, 2, 3, 4, and 5 of the same
Section No. 2 five hundred and ten links. Also all that piece or parcel of land in
our said Colony situated below highwater mark in the Harbour of the Waitemata
in the said Province of Auckland bounded on the West by a line from Acheron
Point bearing North to its intersection with another line drawn between the Watch-
man and the Bastion. On the North by the last mentioned straight line drawn
between the Watchman and Bastion to its intersection with another line bearing
South to Resolution Point. On the East by the said line bearing South to Resolution Point and on the South from Resolution Point by the seaward boundary of
Section Nos 2 and 1 of the Suburbs of Auckland and by the seaward termination
of all roads in the said Suburban Sections to the West of Resolution Point by the