6O

of "The New Zealand Company," for the
Purpose of purchasing, acquiring, and alienat-
ing lands within Her Majesty’s Colony of New
Zealand and its Dependencies, and for other
the Purposes therein set forth: And whereas
Her Majesty on the Twenty-third Day of De-
cember One thousand eight hundred and forty-
six issued under Her Majesty’s Sign Manual
and Signet certain Instructions accompanying
the New Zealand Charter of the same Date,
and providing amongst other things in the
Thirteenth Chapter thereof for the Settlemen
t of the Waste Lands of the Crown in the said
Colony of New Zealand, and on the Twenty-
seventh Day of January One thousand eight
hundred and forty-nine issued certain addi-
tional Instructions in relation to the said
Lands: And whereas by an Act passed in the
Session of Parliament holden in the Tenth and
Eleventh Years of the Reign of Her said Ma-
jesty, intituled, An Act to promote Coloniza-
tion in New Zealand, and to authorize a Loan
to the New Zealand Company, after enacting
that the Provisions relating to the Settlement
of the Waste Lands of the Crown contained in
the Thirteenth Chapter of the said Instructions,
with the exceptions therein mentioned, should
be suspended and of no Force and Effect within
the Province of New Munster in the said
Colony of New Zealand until the Fifth Day of
July in the Year One thousand eight hundred
and fifty, and during such further Time as
should be directed by Parliament, and that all
the Demesne Lands of the Crown in the said
Province of New Munster, and all the Estate
and Right of Her Majesty therein, or Power
and Authority over the same or any Part
theof, should from and immediately after the
passing of the said Act, and during the Sus-
pension of the said Instructions, be absolutely
and entirely vested in the said New Zealand
Company, in trust, to sell or otherwise dispose
of the same as therein mentioned, and after re-
citing that it was expedient to provide for the
contingency of the New Zealand Company
finding themselves unable to continue their
Proceedings with Profit to themselves and
Benefit to the said Colony, it was enacted, that
if the Directors of the said Company should
give Notice to One of Her Majesty’s Principal
Secretaries of State, within Three Calendar
Months next after the said Fifth Day of April
One thousand eight hundred and fifty, by any
Instrument under the Seal of the Company,
that they were ready to surrender the Charters
of the said Company to Her Majesty, and all
claim and title to the Lands granted or awarded
to them in the said Colony, all the Powers and
Privileges of the said Company (except as
therein provided) should cease and determine,
and all the Lands, Tenements, and Heredita-
ments of the said Company in the said Colony
should thereupon revert to and become vested
in Her Majesty as Part of the Demesne Lands
of the Crown in New Zealand, subject never-
theless to any contracts which should be then
subsisting in regard to any of the said Lands,
and upon certain other conditions therein pro-
vided: And whereas by Letters Patent dated
the Thirteenth Day of November in the Thir-
teenth Year of the Reign of Her present Ma-
jesty certain Persons therein named were con-
stituted a body corporate, with perpetual suc-
cession and a common seal, by the name of
"The Canterbury Association," for founding a
Settlement in New Zealand, and were em-
powered to purchase, hold, and alienate Lands
in the said colony of New Zealand and its
Dependencies: And whereas by an Agreement
dated the First Day of December One thousand
eight hundred and forty-nine between the said
"Canterbury Association" and the said New
Zealand Company the said New Zealand Com-
pany agreed to reserve as the Site of the Can-
terbury Settlement therein mentioned, and to
place at the sole disposal of the said Canter-
bury Association, the Lands described in the
Schedule hereto annexed, during the Term of
Ten Years from the Date thereof, subject to
the Payment by the said Association of such
Sums of Money and the Performance of such
conditions as therein mentioned: And whereas
the said Association, with a view of founding
their said intended Settlement in New Zealand,
issued a certain Document entitled "Terms of
Purchase of Lands within the Canterbury Set-
tlement," whereby, amongst other things, cer-
tain benefits were reserved to certain persons
therein described as the first body of colonists,
being such persons as might become Pur-
chasers of Land to an Extent not exceeding
One hundred and one thousand Acres before
the First Day of July One thousand eight
hundred and fifty: And whereas the Directors
of the said New Zealand Company have duly
given Notice, in pursuance of the said Act, of
their being ready to surrender the charters of
the said company in manner prescribed by the
said Act, and all the Lands, Tenements, and
Hereditaments of the said company in the said
colony including those described in the said
Schedule have thereupon reverted to and be-
come vested in Her Majesty as part of the
Demesne Lands of the Crown in New Zealand,
subject nevertheless to any contracts then sub-
sisting in regard to any of the said Lands and
to certain other conditions therein mentioned:
And whereas it is expedient to provide for the
said Association having the Disposal of the
Lands described in the said Schedule for such
Time and subject to such conditions as are
hereinafter mentioned: Be it therefore enacted
by the Queen’s most Excellent Majesty, by and
with the advice and consent of the Lords Spir-
itual and Temporal, and Commons, in this pre-
sent Parliament assembled, and by the author-
ity of the same, That neither the thirteenth
chapter of the said Instructions, dated the
Twenty-third Day of December One thousand
eight hundred and forty-six, nor the said addi-
tional Instructions of the Twenty-seventh Day
of January One thousand eight hundred and
forty-nine, shall henceforth apply to the Lands
described in the said Schedule during the
period hereinafter provided.

II. And be it enacted, That during the term
of ten years, and such further term of years as