Unfavourable report to annul purchase.

7. If upon such report it shall appear to such Commissioner that the purchaser has with respect to any piece of land purchased by him, failed to fulfill the conditions of his license to occupy, and no appeal against such report shall be had within the time herein limited for such appeal, the purchase by such purchaser shall be deemed void from the expiration of the last-mentioned time, and the deposit paid by such purchaser and the land purchased, with all improvements thereon, shall be forfeited to Her Majesty.