1062

THE NEW ZEALAND GAZETTE.

[No. 32

Sawmill area may include one side of a watershed.

45. The area of a license to cut and saw kauri or other large timber may include the whole or part of one side of a watershed within specified limits, and the Minister may dispose of such kauri or other timber growing within such limits, to be sawn at a mill erected within or adjacent to the said area, or to be removed for manufacture elsewhere.

Royalty: terms of payment.

46. It shall be optional with the Minister to decide whether the royalty shall be paid either wholly or partly before the issue of a sawmilling license or during its continuance. Such royalty shall be paid in cash, or partly in cash and the balance by instalments spread over such period as the Minister may think expedient; and the said royalty may be assessed either on the estimated number of superficial feet of milling-timber in the forest or be assessed in any other manner the Minister thinks fit.

47. In cases where the royalty is payable on the actual output of the mill, such output shall be ascertained and verified by inspection of the books of the mill, or by such other means as the Commissioner may require, and for this purpose the accounts and books shall be open to the inspection of any Commissioner, Forest Ranger, or other duly authorised officer, and the Commissioner may in addition require the licensee to supply monthly accounts, verified by affidavit, showing clearly the output of the mill.

Transfer of license.

48. A sawmill license may be transferred on payment of a fee of £1 1s. to the Receiver of Land Revenue; but the Minister shall have power to refuse to transfer any license if the licensee or transferee has committed a breach of these regulations, or if, in the opinion of such Minister, the transfer would be prejudicial to the public interest.

Licensee must erect sawmill and keep it working, or license will be forfeited.

49. The holder of every sawmill license other than for kauri must, within six months of the date of his license, provide and fit up, either upon his sawmill area or on some other site approved of or granted by the Commissioner, a substantial and fully equipped sawmill plant, including all the necessary buildings thereto appertaining, which sawmill plant shall be of sufficient capacity and shall be kept in continuous working operation, unless valid and satisfactory reasons can be given to the Commissioner for any temporary stoppage.

50. Should at any time the mill be closed for a longer time than the Commissioner thinks necessary or reasonable, it will be competent for him to give the licensee one month’s notice in writing, and, should the licensee fail or neglect to resume and continue the bona fide working of the mill, the Minister may declare the license forfeited, and may immediately reoffer for license by public notification the sawmill area and the attached reserve as if the rights of the previous licensee had never existed. The licensee may within three months from the date of forfeiture, however, remove any building or machinery he may have erected.

51. The Minister may extend the time for the erection of a sawmill to twelve months from the date of license, if satisfied