2250
THE NEW ZEALAND GAZETTE.
[No. 100

respect to applications for and the grant of leases in perpetuity, the
stipulations and conditions subject to which such leases may be
granted, the rights and powers of the lessor and of every person
and authority in his behalf, the rights, powers, and functions of
the Land Board and the Commissioner in relation to the land
and premises comprised in such leases, and the estate, interest,
rights, duties, and liabilities of the lessee, shall, so far as the same
are applicable, apply to this lease as fully as if they were fully set
out herein.

(B.) If and so often as the lessee makes default in the due and full pay-
ment of any rent hereby reserved, or of any instalment in respect
of the value of buildings as aforesaid, or in respect of any advance
as aforesaid, or of any sum in respect of cost of insurance as
aforesaid, or of any other moneys payable under this lease, or in
the faithful observance and performance of any other of the
covenants, conditions, or stipulations herein contained or implied,
and by him to be observed or performed, then and in any such
case the Land Board may, without any previous or other notice or
demand, forfeit this lease ; and in such case all the lessee’s interest
therein shall absolutely cease and determine, subject, nevertheless,
to the provisions of the next following clause, respecting valuation of
improvements ; but such forfeiture shall not affect any right or
remedy on the part of the lessor to recover from the lessee any
money due to the lessor, nor release the lessee from any penalty or
liability in respect to anything done or omitted to be done by him.

(C.) In the event of the forfeiture or surrender of this lease, the pro-
visions of “The Land Act, 1892,” respecting valuation of improve-
ments and the payment or other disposal thereof shall, so far as the
same are applicable, apply to the improvements made by the lessee.

(D.) For the purpose of distinguishing the improvements existing on the
demised land at the date of this lease from those subsequently
made by the lessee, the first-mentioned improvements and their
value shall be deemed to be those specified in the Third Schedule
hereto : Provided that, to the extent to which the lessee pays the
aforesaid instalments in respect of the value of the buildings
specified in the Second Schedule hereto, to the same extent shall
such buildings be deemed to be improvements made by him.

[Insert such additional provisions (if any), not inconsistent with the said Act,
and the regulations thereunder, as, with the approval of the Minister, the Land
Board thinks fit.]

In witness whereof the Commissioner of Crown Lands for the Land District
of
, on behalf of the lessor, hath hereunto set his hand, and these
presents have been also executed by or on behalf of the lessee.

The First Schedule hereinbefore referred to.

Description of the demised land :

The Second Schedule hereinbefore referred to.

Buildings now existing on the demised land :
Capital value thereof :
Instalments by which such capital value (with interest thereon) is payable,
and the due dates of such instalments :
By half-yearly instalments of each in advance in respect
of interest alone, and then half-yearly instalments of
each in advance in respect of combined capital and interest, the first
instalment (being for the half-year commencing on the first day of
, one thousand ) having been duly paid, and the sub-
sequent instalments being payable on the first day of and the
first day of in each year in the same manner as rent.

The Third Schedule hereinbefore referred to.

Improvements now existing on the demised land, and their value :—

Improvements. Value.
£ s. d.
Buildings, as specified in the Second Schedule hereto ..
[Specify other improvements in detail, with their respec-
tive values] .. .. .. .. ..

Total value .. .. .. £

Signed by the Commissioner, on behalf of the lessor,
}
in the presence of—
Signed by the above-named , as lessee, in the
}
presence of—

EIGHTH SCHEDULE.

I HEREBY acknowledge having received the sum of £ as an advance on
the security of this lease, in terms of clause 13 hereof, and I undertake to repay
the same with interest by half-yearly instalments of during the period of
years.

, Lessee.

I certify that payment of the final instalment of the above advance was
made on the day of .

, Receiver of Land Revenue.

As witness the hand of His Excellency the Governor, this eighteenth
day of November, one thousand nine hundred and one.

T. Y. DUNCAN,
Minister of Lands.