Jan. 17.] THE NEW ZEALAND GAZETTE. 223

25

(5.) There shall be payable in respect of the certificate, and of each annual renewal thereof, an acreage-rent at the rate of 1s. per acre, and such rent shall be payable by two equal half-yearly instalments in advance.

(6.) The certificate shall not be transferable apart from the license.

(7.) The certificate shall not confer any right to occupy the land or cut timber or otherwise use the same, but at any time during its currency the licensee may exchange his existing license for a new sawmill license for any continuous area (not exceeding 200 acres) out of the land comprised in the certificate.

(8.) Such new license shall specify the certificate out of which the land comprised in the new license is taken.

(9.) The Warden, when granting the new license, shall, by memorandum, under his hand on the certificate, cancel the certificate as to the land comprised in the new license, and thereafter the certificate shall be deemed to relate only to the residue of the land, and the acreage-rent under the certificate shall abate accordingly.

(10.) Such memorandum shall be registered.

(11.) Upon the grant of the new license all references herein contained to the former license shall apply to the new license in lieu of to the former license.

(12.) As against his liability for acreage-rent under the new license, the licensee shall be credited with the sums paid by him for acreage-rent under the former license or under the certificate for any period subsequent to the commencement of the term of the new license:

Provided that, in the case of acreage-rent paid as aforesaid under the certificate, the sum to be credited as aforesaid shall be the acreage-rent so paid in respect of the area comprised in the new license, being the area as to which the certificate has been cancelled.

Hand-sawing and Timber-splitting Warrants.

111. On application in that behalf, filed in the office of the Registrar, the Warden may grant to any person, being the holder of a miner’s right, a warrant entitling him during its currency to cut timber (other than kauri-trees or trees reserved by the Warden) growing or standing on the land comprised in the warrant, and to sell or otherwise dispose of the same for any purpose:

Provided that he shall not be entitled to cut timber for sawmilling purposes except for his own use, and with the consent of the Warden.

112. With respect to such application and warrant the provisions of subclauses (1) and (2) of clause 108 and subclauses (6), (9), and (11) of clause 109 of these regulations, mutatis mutandis, and also the provisions following, shall apply:—

(1.) The application may be in the form numbered 69, and the warrant in the form numbered 70, in the First Schedule hereto.

(2.) The area of the land shall not exceed 20 acres.

(3.) The term of the warrant shall be either six months or twelve months, and there shall be payable therefor, in advance, in the former case a fee of 3s. per acre, but the total sum not less than £1, and in the latter case a fee of 5s. per acre, but the total sum not less than £2.

(4.) The warrant-holder shall pay the same royalty on railway-sleepers as in the case of a sawmill license, and the provisions of subclause (10) of clause 109 of these regulations (limited, however, to timber cut for sleepers) shall accordingly apply.

(5.) The warrant-holder shall be entitled to construct sawpits and huts on the land, on sites approved by the Warden.

Kauri-trees and Trees reserved.

113. The Warden may from time to time, by order under his hand, reserve trees from being cut: Provided that, except in the case of trees reserved prior to the issue of a license or warrant, no tree on the land comprised therein shall be reserved during the currency of the license or warrant.

114. On application in that behalf filed in the office of the Registrar, the Warden may, by order under his hand, authorise any person being the holder of a miner’s right to cut for any purpose any kauri-tree or reserved tree; and with respect to such application and order the following provisions shall apply:—

(1.) The application shall specify the number, situation, and estimated measurement of the trees applied for.

(2.) There shall be payable in advance in respect of the trees for which the order is granted such sum as is agreed on, being in no case less than £1 5s. for each tree, nor less than 6d. per hundred feet superficial measurement of the trees before cutting.

Limitation as to Timber-cutting Rights.

115. The rights by these regulations hereinbefore conferred in respect of timber shall not be exercisable, nor shall any license, certificate, warrant, or order thereunder be granted, in respect of lands set apart as forest lands under “The New Zealand State Forests Act, 1885.”

116. Every license, certificate, warrant, or order in respect of timber granted under the foregoing regulations or under section 227 of “The Land Act, 1892,” shall be deemed to be granted and shall be held subject to the exercise by the holder