ers, to be called, “The Commissioners for liquidating the Public debts of the Province of Wellington.”

4. These Reserves may be so held in Trust by the said Commissioners, for a period of Seven years, but no longer; and at the end of that time, or sooner, they shall, under the direction of the Superintendent, but not otherwise, offer the said lands, or any portion of them, for sale by Public Auction, according to the Regulations prescribed for Auction Sales.

5. The Commissioners shall receive all Proceeds of such sales, and shall forthwith pay over the same to the Provincial Treasurer, for the special purpose of liquidating the whole of, or such portion of the public debt as the said Proceeds may cover; and it shall not be lawful for the Superintendent to direct these proceeds, or any portion of them, to be applied to any other than the special purpose above named.

6. The Commissioners shall be required to give security for the faithful discharge of their Trust.

7. In lieu of making any Loan Reserves out of such lands as may be certified to as 5s. Land, an amount equal to ten per cent. of the purchase money, accruing from such lands, as sold, shall be set apart for the purpose of paying off the public debt; and it shall not be lawful for the Superintendent to direct, that these amounts be applied to any other than the special purpose of liquidating the said debts.

Proclaimed Lands Outside Hundreds.

5s. Land.

1. In Districts outside Hundreds, which are or may be proclaimed or notified as open for sale, and which from their hilly and broken character (or otherwise) may appear to be unavailable for agricultural purposes, the Commissioner of Crown Lands is authorised to certify that they are so unavailable; and after he shall have so certified, and a notification of such certificate shall have been published in the Provincial Government Gazette, at least, one month before a day to be fixed in the same publication — on which such lands shall be declared open for free selection; the intending purchaser shall pay to the Commissioner of Crown Lands (or other officer appointed in that behalf) the price of any section or sections of land (generally not to be less than eighty acres in extent) which he may desire to select; the price of all such lands shall be at the rate of 5s. per acre.

2. In all cases where the Commissioner shall certify to land as unavailable for agricultural purposes, which shall include any run or part of a run, — such run or portion of a run shall in that case be disposed of by Public Auction at the upset price of 5s. per acre, in accordance with the Regulations prescribed for auction sales; and no such sale shall take place until after three months notice of the intended auction sale shall have been left at some station in the run.

Provided always, that the run or portion of a run so to be offered at public auction, shall be held with the sanction of the Government, and shall, in the opinion of the Commissioner, be sufficiently stocked.

3. These Regulations shall supersede Regulations 8 and 14 of Sir G. Grey’s Regulations of 3rd March, 1853, so far as they may be repugnant to the same.

Military and Naval Settlers.

1. Every non-Commissioned and Warrant officer and every private Soldier, Marine and Seaman, whether belonging to Her Majesty’s service, or to the service of the East India Company, who may retire or obtain his discharge from the service to which he may belong, or who, having retired or obtained his discharge, has not selected land under any former law or regulation enabling Naval and Military Settlers to select land free of cost, shall be entitled to receive from the Commissioner a land order enabling him to acquire land free of cost after the following rate, viz:—

Non-commissioned and Warrant Officer………… 80 acres.
Private Soldier, Marine, and Seaman……………… 60 acres.

2. Provided always, that every non-Commissioned Officer, Private, Marine, and Seaman, before he shall be entitled to receive any such Land Order, shall produce to the Commissioner, a certificate from the Officer under whom he may have served, of having, during his period of service, been of good character; provided also, that every such Land Order shall be applied for within 12 calendar months next after such retirement or discharge, as aforesaid; or within 6 months from the adoption of this Regulation, by those who have retired or been discharged.

3. An actual residence of 2 years in the Province, must be proved before the titles can be granted, except in cases in which deaths may have occurred before the expiration of that period.