24
THE NEW ZEALAND GAZETTE.
[No. 1

"(d.) The license shall provide for the payment by half-yearly instalments of the balance of the purchase-money, together with interest thereon at the rate of 5½ per centum per annum from the date of the delivery of the notice.

"(e.) Every such half-yearly instalment shall consist partly of principal and partly of interest, calculated in accordance with the table in the Eleventh Schedule of the said regulations.

"(f.) The first half-yearly instalment of principal and interest shall be payable on the 30th day of June or the 31st day of December, as the case may be, following the date of commencement of the term of the license, and the succeeding instalments shall be payable half-yearly in each year thereafter on the dates herein mentioned.

"(g.) With the first half-yearly instalment there shall also be paid the interest payable upon such part of the price as remains unpaid for the period between the date of delivery of the notice and the date of commencement of the term of the license.

"(h.) (i.) The licensee shall have the right at any time during the currency of his license to pay off either the whole of the purchase-money or any half-yearly instalment or instalments thereof then remaining unpaid.

"(ii.) The payment of any half-yearly instalment of the purchase-money so made shall not affect the periodical continuity of half-yearly instalments, but the amount of principal and interest included in the succeeding instalments shall be calculated according to the aforesaid table as if the half-yearly periods corresponding to the instalments so paid had expired, and the term during which instalments of principal and interest would otherwise have been payable shall be reduced accordingly.

"(i.) The provisions of section 123 of the Land Act, 1924, with respect to rebate of rent shall, with the necessary modifications, apply to payments of such part of the aforesaid instalments as consists of interest, and references in that section to rent shall in such application be deemed to be references to interest.

"(j.) Upon payment of the price in full and of all interest thereon the purchase shall be deemed to be completed, and the Commissioner shall certify to the Minister that the licensee is entitled to a certificate of title in respect of the land purchased, and a certificate of title shall in due course be issued to him accordingly.

"(2.) Except in cases where residence may be dispensed with pursuant to the Land Act, 1924, and save to the extent to which the conditions of the determined lease as to residence have been complied with, residence on rural lands comprised in a license granted in terms of this regulation shall be compulsory, and shall commence in the case of bush or swamp lands within four years, and in the case of open or partly open lands within one year, from the date of selection, and thereafter such residence shall be continuous during the whole of the remainder of the term of the license.

"(3.) Except to the extent to which the conditions of the determined lease as to improvements have been complied with, the provisions of sections 186 and 187 of the Land Act, 1924, with respect to improvements shall apply with respect to licenses to occupy rural land on deferred payments granted in terms of this regulation.

"(4.) The provisions of section 90 of the Land Act, 1924, shall, with the necessary modifications, apply with respect to the licenses to occupy on deferred payments granted in terms of this regulation."

3. Clause 14 of the said regulations is hereby amended by omitting the reference to section 57 of the Land for Settlements Act, 1925, and substituting a reference to section 61 of that Act, and by including therein a reference to paragraph (b) of subsection (1) of section 6 of the Land Laws Amendment Act, 1926.

4. Clause 10 of the said regulations is hereby amended by adding at the end of subclause (1) thereof the following proviso:—

"Provided that where pursuant to the surrender of a lease a new lease is issued in lieu of such surrendered lease for the purpose of adjusting rent in accordance with a reduced capital value, or for the purpose of adjusting boundaries by the incorporation in such new lease of an area in addition to the area comprised in the surrendered lease, or by the exclusion from such new lease of part of the land comprised in the surrendered lease, the annual rent reserved by such new lease shall, notwithstanding anything hereinbefore contained, be calculated at the same rate per centum of the new capital value as was applied to the fixing of the rent reserved by the surrendered lease."

5. Clause 40 of the said regulations is hereby amended as follows:—

"(a.) By inserting after the word ‘provisions’ in the first paragraph thereof where it first occurs the following words: ‘of section 6 of the Discharged Soldiers Settlement Act, 1915, or.’

"(b.) By inserting after the date ‘1917’ in the said paragraph the following words: ‘which is secured by an instalment mortgage in the form No. 10 in the First Schedule hereto or to the like effect.’

"(c.) By inserting after the word ‘under’ in paragraph (c) thereof the following words: ‘section 6 of the Discharged Soldiers Settlement Act, 1915, or.’"

6. The said regulations are hereby amended by omitting therefrom Form No. 4 of the First Schedule thereof.

J. W. BLACK,
Acting Clerk of the Executive Council.

Revoking the Suspension of Duty on certain Wheat.
(C. No. 44.)

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 10th day of January, 1927.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers and authorities conferred on him by section twelve of the Customs Amendment Act, 1921, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the Order in Council made on the twenty-eighth day of September, one thousand nine hundred and twenty-five, and published in the New Zealand Gazette on the first day of October, one thousand nine hundred and twenty-five, suspending the duty on certain wheat.

This Order in Council shall take effect on the first day of March, one thousand nine hundred and twenty-seven.

J. W. BLACK,
Acting Clerk of the Executive Council.

Revoking the Naturalization of George Saba Rahmy.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 10th day of January, 1927.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS letters of naturalization were issued to George Saba Rahmy on the twentieth day of November, one thousand nine hundred and twelve, and such letters of naturalization enure for the purposes of the British Nationality and Status of Aliens (in New Zealand) Act, 1923, as a certificate of naturalization under that Act:

And whereas the Governor-General in Council is satisfied that it is advisable, for special reasons affecting the said George Saba Rahmy, the naturalization of the said George Saba Rahmy should be revoked:

Now, therefore, in pursuance and exercise of the powers and authorities vested in him by the British Nationality and Status of Aliens (in New Zealand) Act, 1923, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the said letters of naturalization, and hereby declare that the naturalization of the said George Saba Rahmy shall be revoked, and that the said George Saba Rahmy shall cease to be a British subject naturalized in New Zealand as on and from the eleventh day of January, one thousand nine hundred and twenty-seven.

J. W. BLACK,
Acting Clerk of the Executive Council.