1648
THE NEW ZEALAND GAZETTE.
[No. 48

THE SECOND SCHEDULE HEREINBEFORE REFERRED TO.

TERM: 36½ YEARS. INTEREST, 6 PER CENTUM.

Table showing for every £100 of Principal the Amount of Principal and Interest included in Instalments of £3 7s. 10d. payable at the end of each Successive Period of Six Months during the Term.

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

Hawke’s Bay Earthquake (Miscellaneous) Regulations.

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 on him by section sixty-six of the Hawke’s Bay Earthquake Act, 1931 (hereinafter referred to as “the said Act”), 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 miscellaneous regulations for the purposes of the said Act.

REGULATIONS.

PART I.

LAND AGENTS’ AND AUCTIONEERS’ LICENSES.

THE regulations made under the said Act on the 17th day of August, 1931, and published in the Gazette on the 20th day of the same month, at page 2314, as amended by the regulations made under the said Act on the 10th day of February, 1932, and published in the Gazette on the 18th day of the same month, at page 320, with respect to Land Agents’ and Auctioneers’ Licenses, shall, in so far as they apply to licenses in the Magistrates’ Court at Wairoa, be deemed to have continued in force and to remain in force until the 31st day of March, 1933.

PART II.

NAPIER TOWN-PLANNING.

1. This part of these regulations may be cited as “The Napier Town-planning Regulations, 1932.”

2. This part of these regulations shall be read together with and be deemed to form part of the Napier Town-planning Regulations, 1931 (hereinafter called “the principal regulations”).

3. Regulation 31 of the principal regulations is hereby amended by deleting the words “by a Compensation Court constituted as provided by that Act”, and by substituting therefor the following words: “under Part V of these regulations”.

4. The principal regulations are hereby amended by adding thereto the following regulation :—

“51. In determining the amount of any compensation to be awarded, the Court shall take into account by way of deduction from the amount of compensation to be awarded any betterment increase found by the Court to exist in respect of any land of the claimant, notwithstanding that no claim for betterment increase may have been made by the Council under or within the time provided by Regulations 15 and 16 hereof.”

PART III.

STATUTORY LAND CHARGES.

1. This part of these regulations shall be read together with the Hawke’s Bay Earthquake (Rehabilitation Securities) Regulations, 1931.

2. In this part of these regulations—

“Charge” means a charge on land arising under section 47 of the said Act in respect of moneys lent or granted under Part II of that Act, and includes every separate charge arising upon the apportionment of a charge as hereinafter provided :

“Registered,” in relation to any charge or to any release of a charge, means registered in accordance with the provisions of the Statutory Land Charges Registration Act, 1928.

3. The powers conferred on the Minister of Finance by subsection (2) of section 49 of the said Act shall be deemed to include and always to have included the power to release from any charge any part of the land affected thereby, and the power to apportion any charge between two or more parts of the land affected thereby.

4. Where any part of the land affected by a charge has been released therefrom a release of the charge may be registered in respect of such part of the land.

5. (1) When any charge has been apportioned a release thereof may be registered in respect of the whole of the land affected thereby or in respect of any part of such land to which a part of the charge has been apportioned, and each separate charge may be registered at any time after the land affected thereby has been released from the original charge.

(2) Every such separate charge shall when registered have the same priority as the original charge :

Provided that such separate charge shall, so far as regards any land affected thereby, be void as against a purchaser under any deed, contract, or instrument duly registered after the registration of the release of the original charge but before the registration of the separate charge :