Mar. 25.] THE NEW ZEALAND GAZETTE. 843

(b.) Subject to the provisions herein contained and implied, and also to those of the said Act and the said regulations, the provisions of “The Land Act, 1908,” and the regulations thereunder with respect to applications for and the grant of renewable leases, the stipulations and conditions subject to which such leases may be granted, the rights and powers of the lessor and of every person or authority in his behalf, the rights, powers, and functions of the Land Board and the Commissioner in relation to land and premises comprised in such leases, and the estate, interest, rights, duties, and liabilities of the lessees, shall, so far as the same are applicable, apply to this lease as fully as if they were fully set out herein.

(c.) If and so often as the lessee makes default in the due and full payment of any rent hereby reserved, or of any instalment in respect of the value of buildings 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.

(d.) In the event of the forfeiture or surrender of this lease, the provisions of “The Land Act, 1908,” respecting valuation of improvements and the payment or other disposal thereof shall, so far as the same are applicable, apply to the improvements made by the lessee.

(e.) 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 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 nine hundred and ) having been duly paid, and the subsequent 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 respective 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—

FOURTH SCHEDULE.

APPLICATION for Pastoral Land for Renewable Lease under “The Land for Settlements Act, 1908.”

To the Commissioner of Crown Lands for the Land District of

I HEREBY apply for a renewable lease of Section , Block , Survey District, in the Settlement, and I deposit herewith the sum of £ , being the half-year’s rent therefor, plus £1 1s. lease fee.