38. |
(1.) |
Advances out of Public Works Fund for purpose of surveys, &c. For the purpose of making surveys, laying off or forming roads, constructing bridges, and otherwise opening up and preparing for settlement any land subject to this Part of this Act, or for the purpose of discharging any mortgage, lien, or charge to which such land is subject, the Minister of Finance (with the consent of the Native Minister) may, in his discretion, make to the Board in which such land is vested advances out of moneys from time to time to be appropriated by Parliament out of the Public Works Fund:
Provided that the total amount which under this section may be advanced to any one Board in any one year shall not exceed twenty thousand pounds.
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(2.) | The amount expended in making surveys, laying oft and forming roads, and constructing bridges shall be subsidised out of moneys from time to time to be appropriated by Parliament out of the Public Works Fund. |
(3.) | Repayment of such advances. All such advances, together with interest thereon at the rate of four per centum per annum, shall be charged on and repayable by the Board by instalments out of the revenues of the land for the benefit of which they have been expended, and the liability therefor shall be apportioned by the Board, with the approval of the Native Minister, between the various areas of such lands in proportion to the benefit derived from the expenditure of such advances. |
(4.) | Every such instalment shall consist partly of principal and partly of interest, and shall be calculated and payable in accordance with regulations made from time to time by the Governor by Order in Council; but the full amount of every such advance, together with interest thereon at the rate aforesaid, shall be repaid within a period not exceeding forty-two years after the making of such advance. |
(5.) | The amount of every instalment so paid shall be paid into the Public Account to the credit of the Public Works Fund. |
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39. |
(1.) | No land to be offered for sale or lease until satisfactorily roaded and bridged. No area of land subject to this Part of this Act shall be offered by a Board for sale or lease until such roads and bridges as are in the opinion of the Native Minister necessary for the opening-up and settlement of that land have been laid off, formed, or constructed by the Department of Roads. |
(2.) | All expenses so incurred in the formation or construction of roads and bridges shall be paid out of moneys available under the last preceding section. |
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40. | Application of revenues derived from land. All revenues received by a Board from any land subject to this Part of this Act shall from time to time be applied by the Board—
(a.) |
In defraying half of the cost of the administration of such land by the Board:
Provided that such cost shall be apportioned fairly according to the expenses properly incurred in respect of each block:
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(b.) | In paying all rates, taxes, and other assessments payable by the Board in respect of the said land:page 12 |
(c.) | In repaying advances in manner hereinbefore provided: |
(d.) | In payment of sums set apart for sinking funds as provided by section twenty-nine hereof: |
(e.) | In the discharge, to such extent as the Board from time to time thinks fit, or as the Native Minister from time to time directs, of any mortgage, charge, or lien to which such land is subject: |
(f.) | In paying the remainder of such revenues to the Maori owners or other persons having any estate or interest in the said land in accordance with their respective rights, titles, estates, and interests. |
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41. | Power to invest proceeds of sale in certain oases. Notwithstanding anything in section forty hereof the Board, in lieu of paying the proceeds of sale of any land to the owners thereof, may cause the same or any part thereof to be invested in such manner as may be prescribed by regulations for the benefit of any such owner. |
42. | Moneys payable into Maori Land Board accounts. All moneys received by a Board under the provisions of this Part of this Act shall be paid into the account provided for by section forty-seven of the Maori Lands Administration Act, 1900, and the provisions of sections forty-seven to forty-nine of that Act shall apply to all moneys received in pursuance of this Part of this Act. |
43. | Appointment and remuneration of officers. Every Board may, for the purposes of this Part of this Act, employ, with the approval of the Native Minister, such surveyors, rangers, and other officers and servants as it deems necessary, and may pay them, out of all revenues and other moneys in the hands of the Board, such salaries or other remuneration as it thinks fit. |
44. | Contracts to be under seal of Board. Every lease, transfer, or contract of sale executed under the authority of this Part of this Act shall be executed under the seal of the Board, and shall be signed by the President and one member of the Board. |
45. | Other Acts as to Native land to be subject to this Act. In their application to any land which is vested in a Board by virtue of this Part of this Act, the provisions of all other enactments relating to Native lands shall be read subject to the provisions of this Part of this Act. |
46. | No personal liability on member of Board. No President or member oi any Board shall be personally responsible for any act done or authorised by him in good faith in intended pursuance of the provisions of this Act. |
47. | Certain powers of Native Land Court, &c., with respect to land subject to this Act not affected. Notwithstanding anything hereinbefore contained, all powers vested by any Act in the Native Land Court, or in a Board, or in any other authority or person, with respect to the partition, exchange, succession, or ascertainment of title of any Native land may be exercised with respect to the equitable interests of Maori owners in land subject to this Part of this Act, in the same manner, mutatis mutandis, as if such land had not become subject to this Part of this Act, save that no such partition shall be made without the consent of the Board in which the land is vested |
48. | Provisions to apply to executors, &c., of purchaser or lessee. All provisions in this Part of this Act relating to a purchaser or lessee shall be deemed to relate also to the executors, administrators, or assigns of such purchaser or lessee. |
49. | Provisions as to completion of negotiations already oommenced. Where any negotiations for the sale, lease, or other disposition of Native land have been lawfully commenced before the said land became subject to this Part of this Act, the Governor may page 13at any time thereafter make an Order in Council authorising the Maori Land Board in which the said land is vested to continue the said negotiations and to complete the same in such manner as the Board thinks fit, notwithstanding anything to the contrary in this Act, but subject to any restrictions and conditions imposed by the said Order in Council, and the said Board may thereupon, if it thinks fit, dispose of the said land accordingly. |
50. |
(1.) | Board may set apart reserve. Any Board in which any Native land is vested by virtue of this Part of this Act may at any time, with the consent of the Governor in Council, set apart any part of such land (whether already set apart for sale or leasing in pursuance of this Part of this Act or not) as a reserve for any purpose which in the opinion of the Board is required in the interests of the Maori owners of the said land. |
(2.) | The Board may administer any such reserve in such manner as it thinks fit for the benefit of the said Maori owners. |
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51. |
(1.) | Board may sell site for dairy factory, &c. Any Board may with the consent of the Native Minister dispose of any land vested in it by virtue of this Part of this Act (whether the same has been set apart for sale or for leasing) by way of sale in fee-simple as a site for a dairy factory, cheese-factory, fruit-preserving factory, or creamery, or as a site for the erection of any building required for any religious, charitable, educational, or public purpose. |
(2.) | No allotment of land so disposed of shall exceed five acres in extent. |
(3.) | Any such sale may be by private contract, and shall be exempt from the conditions and restrictions imposed by this Act upon the sale and purchase of Native land. |
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52. | Termination of powers of Commission. The powers and functions vested in the Commission by the instrument of its appointment or by this Act shall, unless sooner determined by the Governor, cease and determine on the first day of January, nineteen hundred and nine. |
53. |
(1.) | Purchases of Native land by the Crown. Notwithstanding anything hereinbefore contained, it shall be lawful for the Board to sell and convey to the Crown, at a price to be agreed upon between the said Board and the Governor in Council, any land vested in the Board by virtue of this Act and set apart for sale in accordance therewith. |
(2.) | The price of any land so purchased shall be payable out of moneys from time to time appropriated by Parliament for the purpose. |
(3.) | All land so purchased by the Crown shall be administered and disposed of as Crown land under the provisions of the Land Act, 1892, and its amendments. |
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