brought under the operation of and declared to be subject to
the provisions of Part II of the said Act; and such reserves
shall hereafter be known as the Hutt Valley Domain, and
be managed, administered, and dealt with as a public domain.

SCHEDULE.

WELLINGTON LAND DISTRICT.—HUTT VALLEY DOMAIN.

Fairfield Park.

Lots 35 and 36, D.P. 9890, Town of Fairfield, being part
Section 33, Hutt Registration District, Block XIV, Belmont
Survey District: Area, 1 rood 16·94 perches.

Woodvale Park.

Lots 24 and 34, D.P. 9893, Town of Woodvale, being part
Section 34, Hutt Registration District, Block XIV, Belmont
Survey District: Area, 1 acre 2 roods 0·02 perches.

Avalon Park.

Lot 12, D.P. 6516, Town of Avalon Park, being part Section
52, Hutt Registration District, Block IX, Belmont Survey
District: Area, 1 acre 1 rood.

F. D. THOMSON,
Clerk of the Executive Council.

(L. and S. 1/956.)

Regulations under the Land Laws Amendment Act, 1929, and
Section 3 of the Land Laws Amendment Act, 1932, governing
the Purchase of Private Lands, Advances for Improvements
on same, and Advances for the Purchase of Stock and Chattels.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 5th day of
July, 1932.

Present:

THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL.

IN pursuance and exercise of the powers conferred upon
him by section eleven of the Land Laws Amendment
Act, 1929, and by section three of the Land Laws Amendment
Act, 1932, 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 make the following regulations for the purposes
of the said sections of the said Acts, and doth hereby declare
that such regulations shall come into force on the day of
publication thereof in the New Zealand Gazette.

REGULATIONS.

PART I.

Regulations governing the Purchase of Private Lands pursuant
to Section 3 of the Land Laws Amendment Act, 1932.

INTERPRETATION.—In this Part of these regulations “Board”
means the Dominion Land Purchase Board.

1. Any person who is “landless” within the meaning of
   section 113 (3) of the Land Act, 1924, may make application
   to the Dominion Land-purchase Board for an advance for
   the purchase of private rural land as hereinafter provided.

2. Every application for an advance under section 3,
   subsection (1), of the Land Laws Amendment Act, 1932,
   shall be in such form as the Board may from time to time
   require, and shall be forwarded to the Land-purchase Con-
   troller, Wellington.

3. Every application shall be for an advance to complete
   the purchase from the owner or owners of part only of a
   property held as an estate in fee-simple, and shall be accom-
   panied by an option to purchase the fee-simple of that part
   of such property in such form as the Board may from time to
   time require, given by or on behalf of the owner or owners
   thereof to the applicant; such option shall be open for a
   period of not less than eight weeks, and shall be deemed to
   have lapsed and become void in the event of the application
   for an advance being declined by the Board. Two or more
   properties held in fee-simple in the same district, though not
   adjoining or adjacent to one another, but owned and farmed
   by the same owner or owners, shall each be deemed to form
   part of an estate in fee-simple for the purposes of these
   regulations.

4. The applicant, on lodging his application, shall submit
   to the Board a plan showing the proposed scheme of sub-
   division as between himself and the vendor(s); and, when
   called upon to do so, shall deposit with the Commissioner
   the sum of £2 2s., being valuation fee.

5. No application shall be accepted if the residue of the
   vendor’s property, after the disposal of the land the subject
   of the application, shall be insufficient for the adequate
   maintenance of the vendor and his family. The decision of
   the Board in this respect shall be final.

6. The amount advanced hereunder to any applicant for
   the purchase of land shall not exceed such percentage of the
   purchase-price (as ratified by the Board) as the Board may
   approve, and in no case shall the percentage be greater than
   90 per centum.

7. All moneys advanced under this Part of these regulations
   shall, together with interest thereon at the rate of 6 per cent.,
   be repayable by half-yearly instalments over a period of
   thirty-six years and a half. Every half-yearly instalment
   shall consist partly of interest and partly of principal, and
   shall be calculated and apportioned in accordance with the
   table in the Second Schedule to these regulations.

8. All moneys advanced shall be secured by first mortgage
   over the land purchased, such mortgage to be in such form
   as the Minister may from time to time approve, including
   covenants, conditions, and provisions to the following effect :

(a) The mortgagor shall reside continuously upon the land,
the subject of the mortgage, so long as any portion
of the moneys secured by the mortgage remain
unpaid. Non-residence or the leasing or subleasing
of the land, without the written consent of the Land
Board having been first had and obtained, shall be
deemed to be a breach of the covenants of the mort-
gage.

(b) The transfer or other disposition of the mortgagor’s
interest in the land, the subject of the mortgage, shall
not be permitted (save pursuant to the will or on the
intestacy of the mortgagor) without the written
consent of the Minister on the recommendation of
the Board; and any transfer without consent shall
be deemed to be a breach of the covenants of the
mortgage.

(c) The mortgagor shall pay all rates, taxes, and other
outgoings, and will keep the mortgagee indemnified
in respect thereof.

(d) All the covenants, powers, and provisions implied in
mortgages by the Land Transfer Act, 1915, shall be
deemed to be included in all mortgages pursuant to
these regulations, save where the same are expressly
modified or negatived therein.

(e) If the mortgagor shall make default for fourteen days
in the full and punctual payment of any moneys
intended to be secured by the mortgage, or the
interest thereon, the power of sale and incidental
powers conferred upon mortgagees by the Land
Transfer Act, 1915, may be exercised upon giving
to the mortgagor one calendar month’s notice of
the intention of the mortgagee.

(f) If and whenever the mortgagor makes any default as
in the last preceding clause or in the faithful observance
and performance of any other covenant or condition
on his part contained or implied in the mortgage, it
shall be lawful for the mortgagee to call up and compel
payment of all principal, interest, and other moneys
for the time being owing under the security, not-
withstanding that the time or times appointed for
payment thereof may not have arrived.

(g) The mortgagor will not further mortgage his estate
or interest in the land except with the written consent
of the Minister on the recommendation of the Board.

9. In order to encourage the early payment of the instal-
   ments of principal and interest payable for any advance
   granted under this Part of these regulations the following
   provisions shall apply with respect to every such instalment :

(a) If the mortgagor (not being in arrears with any previous
instalment or other payment due for any advance
made under these regulations) pays an instalment
on or before its due date, or not later than the first
day of the next succeeding month, he shall be entitled
to a rebate of interest of one-half per centum per
annum.

(b) For the purposes of this clause an instalment shall be
deemed to have been paid within the aforesaid period
if within that period it is in course of transmission
by post to the Receiver of Land Revenue though
not actually received by him.

10. The mortgagor may at any time, without previous notice
    of intention so to do, pay to the mortgagee the amount (in
    no case less than £10) of principal included in any number
    of consecutive half-yearly instalments next succeeding the
    instalment corresponding to the half - yearly period then
    current. The payment of any such amount shall not affect
    the continuity of half-yearly instalments, but the amount of
    principal and interest included in the succeeding instalments
    shall be calculated according to the table as if the half-yearly
    periods corresponding to the instalments of principal so paid
    had expired, and the period of years during which instalments
    of principal and interest would have been payable shall be
    reduced accordingly.