3110
THE NEW ZEALAND GAZETTE.
[No. 79

SECOND SCHEDULE.
LANDS FOR LEASE.

Parts Raetihi 4b Block, Block IV, Makotuku Survey District.

| 3 | V | Makotuku | 28 0 2 | 0 5 0 |
| 2 | VI | " | 14 0 24 | 0 17 6 |
| 3 | " | " | 11 2 29 | 0 17 6 |
| 1 | VII | " | 18 1 38 | 0 6 0 |
| 5 | " | " | 9 1 31 | 0 9 0 |
| 6 | " | " | 6 0 19 | 1 0 0 |
| 7 | " | " | 6 1 38 | 1 5 0 |
| 10 | " | " | 9 1 11 | 1 0 0 |

Valuation for improvements are as follows: Section 2, Block VI, £40; Section 3, Block VI, £20.

These lots are situated within a miles of Ohakune Township and Railway-station. The timber has been cut out, and the bush has been partly burnt, and land sown with English grasses. Formation of new roads shown on plan is nearly completed.

Matahiwi Reserved Area, Wanganui River.—Part of Ohotu No. I Block, Block XI, Tauakira Survey District.

| 1 | II | Tauakira | 8 2 30 | 0 5 0 |
| 3 | " | " | 8 0 7 | 0 1 6 |

Ruapirau Subdivision.—Part Ohotu No. 1 Block.

| 10 of 3A | XI | Tauakira | 3 3 4 | 0 3 0 |
| Situated on Wanganui River, near Ruapirau Stream. |

Part Township Reserve | I | Ngamatea | 17 2 0 | 0 2 6 |
| Situated on Parapara Road, near Oreore Post-office. In mixed bush. |

THIRD SCHEDULE.
CONDITIONS OF SALE.

1. The lands are offered at the upset prices shown opposite to each section described in the First and Second Schedules hereto. The terms of the contract for sale of the lands being sold are summarized in clause 13 hereof, and the terms of the lease of the lands being leased are summarized in clause 14 hereof.

2. The highest bidder shall be the purchaser of each lot. In the event of any lots not being disposed of at first offering, the Board may put any of them up again either separately or in groups. Any lot not disposed of at the auction sale shall remain open for selection at the upset price.

3. In the event of any disputed bid, the lot in dispute may be put up again at the last undisputed bid.

4. Each purchaser, immediately after the sale, shall sign an agreement to complete his contract for purchase or lease respectively according to these conditions, and shall pay to the Board’s representative a fee of £3 3s. for the preparation of his contract of purchase or lease, together with the cost of stamping and registering the same. The contract of sale or lease will be prepared by the Board. One or more sections may, at the option of the purchaser, be included in one contract of sale or lease.

5. The successful bidder will be required, within fourteen days from the date on which the contract of sale or lease shall be tendered to him by the Board for execution, sign the same in triplicate. In the event of his failure to do so, the Board may forfeit the purchase-money or rent and lease fee paid by him, and again offer the land for sale at the upset price, freed from any obligations to the defaulting purchaser.

6. The bidding shall be advanced by such sum as the auctioneer may agree to accept, and no bidding shall be retracted.

7. The Board reserves the right to withdraw from sale any lot or lots at any time prior to the auction.

8. The purchaser shall be required, before obtaining his contract of sale or lease, to make a declaration as required by Part XII of the Native Land Act, 1909, that he is not the owner or occupier of 3,000 acres of third-class land or its equivalent in other classes of land.

9. The lands are offered under the Native Land Act, 1909, and the regulations made thereunder, and purchasers and lessees shall be deemed to be acquainted with the provisions thereof, and be bound thereby as effectually as if such provisions were embodied herein.

10. Lots 1, 2, 3, 7, and 8 are subject to alteration of area on completion of survey. The fact that any area stated may require to be altered shall be no ground for rescission of the contract.

11. If from any cause whatever the Board shall be unable to give the purchaser possession of the land purchased, the purchaser shall be entitled to a refund of the deposit paid by him, but without interest, and no damages shall be claimed by him for the Board’s failure to give possession.

12. The purchaser of a lease of any lot on which a valuation for improvements is payable, being the amount specified in the Second Schedule hereto, shall pay the amount of such valuation to the Board before obtaining his lease. The Board may forego this provision in the event of the purchaser being the person recognized by the Board as having an equitable claim to such improvements, or in the event of the person recognized by the Board as being the equitable owner of such improvements removing the same within one month from the date of sale.

Nothing in this clause shall operate or be construed as conferring on any present occupier a right to set up title as against the Board or any lessee of the Board.

No occupier or any other person shall, unless the section now in occupation by him is leased within one month from the date of sale, have any right to any improvements thereon.

LANDS FOR SALE.
Summary of Conditions of Contract of Purchase.

13. (a.) The purchaser shall, immediately after the sale, pay to the representative of the Board a sum equal to 10 per cent. of the purchase-money as part payment thereof. The balance of the purchase-money to be paid in ten equal half-yearly instalments.

(b.) The purchaser to pay interest on unpaid purchase-money at the rate of 5 per cent. per annum. Interest to be payable on the 1st July and 1st January of each year, and to run from the signing of contract of sale or date when possession given.

(c.) Purchaser shall, at the end of five years, upon payment of balance of purchase-money, be entitled to a transfer of the fee-simple of the land.

(d.) Residence and improvements to conform with sections 250 to 257 of the Native Land Act, 1909.

(e.) A copy of the contract for sale can be inspected at the Post-offices Kai Iwi and Waitotara, at the Board’s office, Wanganui, and at the office of the Under-Secretary, Native Department, Wellington.

LANDS FOR LEASE.
Conditions of Lease (abridged).

14. (a.) The term of the lease shall be twenty-two years from the 1st July, 1912, at the rental tendered, with right of renewal for one further term of twenty-three years, at a rental assessed at 5 per cent. on the unimproved value of the land at the time of the renewal, such valuation, in the event of dispute, to be determined by arbitration. Compensation for substantial improvements shall be allowed