Regulations for Government Advances to Settlers Act, 1894




1768
THE NEW ZEALAND GAZETTE.
[No. 88

  1. All securities for the investment of moneys out of the
    Advances to Settlers Account shall be kept under two keys,
    in the custody respectively of the Superintendent and of the
    Chief Clerk of the Public Trust Office.

  2. No application for an advance under the said Act
    shall be proceeded with until the fee for the valuation of the
    security has been duly paid by the applicant; and the fol-
    lowing scale of valuation fees shall be substituted for the
    scale in the said Act, that is to say:—

Scale of Valuation Fees to be paid by Applicant in any
Event, and to accompany the Application.

On an application for a loan not exceeding £100 .. 0 10 6
Exceeding £100, but not exceeding £250 .. 1 1 0
Exceeding £250, but not exceeding £500 .. 1 11 6
Exceeding £500, but not exceeding £2,500 .. 2 2 0

  1. The following scale of costs and fees payable for the
    preparation of mortgages for advances under the said Act
    shall be substituted for the scale in the said Act, that is to
    say:—

Scale of Costs and Fees for Mortgages.

Mortgages under "The Land Transfer Act, 1885."
Law costs of preparing, or perusing, and of registering mort-
gage (to be deducted from the advance),—

If advance be not exceeding £500 .. 0 10 6
Exceeding £500 but not exceeding £1,000 .. 1 1 0
Exceeding £1,000 but not exceeding £2,500 .. 1 11 6

With cash disbursements, which are the same in every
case, namely,—
Mortgage form.. 2s.
Search fee .. 2s.) With an additional 2s. for every
Registration .. 10s.) certificate of title after the first.
Costs and fees for discharge of mortgage,—
Law costs .. .. 5s. ) With an additional
Registration fee (if mortgage .. 2s. for every certi-
is discharged by the Aid to .. ficate of title after
Settlers Office) .. .. 5s. ) the first.

Mortgages under "The Deeds Registration Act, 1868."
Costs of preparing, or perusing, and of registering mortgage,
including disbursements (to be deducted from the ad-
vance),—

If advance be not exceeding £500 .. .. 2 10 0
For every additional £500 .. .. 0 15 0
Costs of discharge, including registration fees.. 1 1 0

  1. The Superintendent, with the sanction of the Board,
    may decline to proceed with an application for an advance
    which the Board has resolved to grant, if the title to the
    security for such advance is not delivered to the Superin-
    tendent or to his agent or solicitor within one month after
    the applicant for the advance has received notice of such
    resolution.

  2. The Superintendent may decline to proceed with any
    application for an advance where the applicant does not
    furnish the particulars which the Superintendent may re-
    quire relating to the security.

  3. The Superintendent and every member of the staff
    whose fidelity is not guaranteed under "The Civil Service
    Officers' Guarantee Act, 1893," shall severally give security
    for the faithful discharge of their duties by the bond of a
    Fidelity Guarantee Company or Society to an amount
    according to the following scale:—

Amount of Security to be Given.

On salaries of £75 and upwards, but under £100 .. 300
" 100 " " " 150 .. 400
" 150 " " " 200 .. 600
" 200 " " " 250 .. 800
" 250 " " " 300 .. 1,000
" 300 " " " 350 .. 1,200
" 350 " " " 400 .. 1,400
" 400 " " " 450 .. 1,600
" 450 " " " 500 .. 1,800
" 500 " " " 550 .. 2,000
" 550 " " " 600 .. 2,200
" 600 " " " " .. 2,500

  1. The following form of application for loan shall be
    substituted for the form in the said Act, that is to say:—

Application for Loan under "The Government Advances to
Settlers Act, 1894."

To the Superintendent,
Government Advances to Settlers Office,
Wellington.

SIR,—
I, of , hereby apply for an advance on
mortgage under the provisions of the above-mentioned Act,
as per particulars at foot hereof and following, and I enclose
£ , being the valuation-fee as per scale in margin.
[Insert scale of valuation-fees.]
I am, Sir,
Your obedient servant,
Signature of the applicant :

Advance required: £ , for the purpose of [State
shortly the purpose to which the money is to be applied
].

Security:
Class of land, not being urban or suburban lands (see
margin) [Insert classes of land, as set forth in the said Act]:
Section:
Block:
Survey district:
Area:
Where situated:
Measurement of frontage to street or road:
Depth of the land:
Where the title-deeds to the security are to be obtained:
If the land is freehold, state the volume and folio of the
certificate of title under "The Land Transfer Act, 1885," or,
if the title is registered under "The Deeds Registration Act,
1868," the number of the Crown grant, or the last registered
number on the Deeds Register:
By whom the property is occupied, and, if by a tenant,
state the rent and other terms of lease:
The particulars of any encumbrance on the property, with
the name of any mortgagee:
If the land is leasehold, state whether all the covenants
and conditions on the lessee's part contained or implied in
the lease have been complied with up to the date of this
application: When lease commenced: ,
18 . The annual rent payable by lessee: £ .
Whether lessee is residing on land or not: . If
residing, how long the lessee has been so residing: .
If not residing, the reason why, and the conditions under
which the land is unoccupied, or occupied otherwise than by
the lessee:
Improvements: State—
The buildings—date of erection, condition, and description,
giving the materials:
The amount of existing insurance, and name of insurance
office, number of the policy, and total amount of insurance
obtainable:
The land—the area cleared of original bush or scrub,
; reclaimed from swamp, ; improved by
sowing of English grasses, ; ploughed, ; now
or lately cropped, with what crops and what result, .
The extent, condition, value, and description of the
fencing, and the number of paddocks into which it sub-
divides the land:
What stock the land is now carrying and now capable of
carrying:

Value of the land:—

Present capital value, as estimated—

Land without Improvements. Improvements. Total Capital Value.
Buildings. Other Improvements.
£ £ £ £
By applicant ..
For local rating
For a forced sale

Present market rental of the whole property, as estimated
by applicant: £ . Present market value of lessee's
interest or title: £ . Total of all rates, taxes, or
other charges to which the applicant's estate or interest in
the property is liable: £ . The use made of the land
for last three years, and the result to the land, beneficial or
otherwise:
Character, features, position, and circumstances of the
land:—
State the natural boundaries:
How watered, and risk of pollution of water:
The area flat, but not swamp: . The area in
swamp:
The area in swamp which can be profitably drained: .
The area of undulating land capable of being profitably
ploughed: . The area in original bush or scrub: .
The floods, river-encroachment, wetness, or drought to which
the land is subject; the consequent injury or risk of injury,
and expense:
The use to which the land is best adapted, agricultural or
pastoral. If to both, to what extent for each purpose, and
to what particular crops or stock:
The gorse, sweetbriar, or other noxious plants or weeds
growing on the land:
Whether the land is free from rabbits:
The use to which similar land in the immediate vicinity is
commonly put:
The names of the roads giving access to the land, and
their direction:



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VUW Te Waharoa PDF NZ Gazette 1894, No 88





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💰 Regulations for Government Advances to Settlers Act, 1894 (continued from previous page)

💰 Finance & Revenue
3 December 1894
Regulations, Government Advances, Settlers, Act, 1894, Security, Valuation Fees, Mortgage Costs, Superintendent, Board, Fidelity Guarantee