4

26. The extent of run allowed to each applicant shall be at the rate of 20 acres to every breeding ewe, and 5 acres to every ram or wether, 120 acres to every mare or cow, and 30 acres to every horse, gelding, bull, or steer. To be reckoned in the above calculation all sheep must be above the age of nine months, and all horned cattle and horses above the age of one year.

27. The sum to be paid for the license every year shall be as follows:
    For a run containing not more than 1000 acres, one penny per acre.
    For a run containing above 1000 acres, one penny per acre for the first 1000 acres, and one halfpenny for every acre in addition.

28. If any run shall contain 5000 acres or upwards, only one-fifth part of the license fee will be required to be paid for the first year, two-fifths for the second, three-fifths for the third, four-fifths for the fourth, and the full amount for the fifth and every subsequent year. Provided that the first year shall be taken to be the time elapsing from the date of the License to the first day of April next following.

29. The fee shall be paid every year in advance, for the first year on the issue of the license, and for the second and every subsequent year on the first day of April.

30. Every pasturage license shall be in the form set forth in the schedule C, hereto annexed, and shall be transferable by endorsement in the form set forth in the schedule; and shall entitle the holder to the exclusive right of pasturage over the land specified therein, upon the terms above stated, from the date of the license to the year 1870 inclusive. Provided always that the right conferred by such license shall immediately determine over any land which may be purchased or reserved under these regulations.

31. If at any time during the first five years after the date of the license the quantity of stock for the run shall be less than that originally required, or during the next five years less than twice that amount, or during the next five years less than three times that amount; or if the rent shall not be paid on the day required; in any such case, the license issued shall be wholly null and void, and the run may be put up to public auction; and the highest bidder at such auction shall be the person entitled to the license.

32. Every person taking out a license for a run, which is not stocked, will be required to deposit with the Government the sum of ten shillings for every hundred acres included in the license, which will be returned, without interest, as soon as he shall have fulfilled the conditions in respect to stocking the run.

33. The above rules in respect to stocking a run, and to the lodgement of deposit money with the Government shall not apply to runs containing not more than 1,000 acres.

34. All the above rules in respect to the form of sections of Rural Land shall, so far as circumstances will admit, be applied to the form of runs occupied for pasturage purposes.

35. Every holder of a license may be required at any time to pay for the survey of his run at the rate of 20s. for every thousand acres.

36. Every holder of a pasturage license shall have a pre-emptive right over the whole of the run over which such license extends: provided that such rights shall be exercised within six days for all lands north of the river Ashburton, and within 12 days for lands south of that river, after he shall have received notice from the Governor that any portion of his run has been applied for. Provided that no pre-emptive rights shall be held or exercised over any lands lying south of the River Ashley, and east of a line drawn due north and south through trigonometrical station, No. 29, on the banks of the River Waimakiriri, or Courtenay.

37. Nothing in these regulations shall be interpreted to affect the legal rights or equitable contracts made by the Canterbury Association or the Government with holders of pasturage licenses. But if any person holding such a license shall voluntarily resign the same to the Government, he shall be entitled to receive a license under these regulations bearing date as though it had been issued at the same time as the license resigned to the Government.

Timber.

38. If any tract of land shall have been reserved for the sale of the timber thereon, such timber may be sold by public auction at an upset price to be fixed by the Superintendent, and the purchaser shall agree to remove the same within a certain time, and all the timber not removed within such time may be again put up to public auction.

39. No person shall, without a license, cut or remove any timber from any waste lands of the Crown (except timber which he shall have purchased under the last clause) and any person so cutting or removing timber, shall be liable to pay the cost of such license for one year together with the costs of recovering the amount of the same.

40. Every license for cutting or removing timber shall be issued for one month, or for one year, at the request of the person applying.