16. | Sales to be by public auction or public tender. |
17. | Purchaser to pay 10 per centum of purchase-money on acceptance. |
18. | On default of purchaser executing contract, &c., Board may cancel sale. |
19. | Residue of purchase-money payable by in stalments. |
20. | Purchaser entitled to possession on execution of contract by Board. |
21. | Interest on unpaid purchase-money. |
22. | Provisions of Land Acts as to residence, &c, to apply. |
23. | Purchaser not entitled to commit waste. |
24. | On default by purohaser of payment of interest, Board may requite assignment of contract. |
25. | Purchaser entitled to a transfer after five years if purchase-money paid. |
26. | Form of contract of sale. |