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Acts Affecting Native Lands, Etc. (In English and Maori), Passed by the General Assembly, Session 1907.

Sales

Sales.

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.