Blocks may be set apart for sale on deferred payments.

2. It shall be lawful for the Superintendent for the time being of the Province of Wellington, with the advice of his Executive Council, from time to time by proclamation in the Government Gazette of the said Province, to set apart out of the Waste Lands of the Crown in the said Province one or more block or blocks of land, not exceeding in the whole fifty thousand acres, for the purposes of this part of this Act.

Waste Lands Regulations not to apply to such blocks.

3. Immediately upon the publication of any such proclamation, the regulations for the time being in force relating to the sale, letting or occupation of the Waste Lands of the Crown in the said Province, shall cease to apply to the land defined in such proclamation, except so far as such regulations relate to the form and dimensions of the sections into which such land shall be divided.

Mode and terms of sale.

4. The land in every block set apart by proclamation as aforesaid shall be sold in the manner and upon the terms following:—

(1.)	The price shall be such price not less than twenty shillings nor more than forty shillings per acre, as the said Superintendent with the advice of his Executive Council shall fix in the proclamation setting apart any such block, except as hereinafter provided.
(2.)	No person shall be allowed to purchase less than forty acres, nor more than two hundred acres in any one such block, either in his own name or in the name of any other person.
(3.)	Every person applying to purchase any such land shall deliver to the Commissioner of Crown Lands for the Province of Wellington, a written application in the form A in the First Schedule to this Act, which application may be signed by the applicant or by any person acting on his behalf, and shall at the same time pay to the Receiver of Land Revenue for the said Province, a deposit equal to one-fifth of the price of the land for which he applies.
(4.)	If there shall only be one applicant for any piece of land and he shall be qualified to purchase land in such block to the extent applied for, the said Commissioner shall accept the application upon payment of the deposit, and shall issue to the applicant a license to occupy, in the form 13, in the said First Schedule.
(5.)	If there shall be more than one such applicant at the same time for the same piece of land, the Commissioner of Crown Lands shall receive the applications and the Receiver of Land Revenue shall receive the deposits and shall pay them into the Bank at page 22 which the Public Account of the Colony is for the time being kept, to a deposit account, and the said Commissioner shall fix a convenient time and place for a sale by auction of the land applied for and shall give notice thereof in the Government Gazette of the Province.
(6.)	At the time and place so appointed, the said Commissioner by himself or some person appointed by him, shall sell the said land by auction to the highest bidder. If the purchaser thereof shall be a person other than one of the applicants, he shall pay to the Receiver of Land Revenue a deposit of one-fifth of the price bid by him for such land. If the purchaser shall be one of the said applicants he shall pay to the Receiver of Land Revenue such sum, if any, as shall be needed to make up, together with his original deposit, one-fifth of the price bid by him, and in each case the purchaser shall be entitled to have a license to occupy in the same manner as if he had purchased without auction.
(7.)	The deposit of every applicant for land put up to auction and not bought by him shall be returned to him by the Receiver of Land Revenue forthwith, after the auction.
(8.)	No person who has already purchased any land in any such block shall be permitted to bid in his own name or for his own benefit, at any auction of land in such block, (unless the extent of land for which he bids shall together with his previous purchase make up not more than two hundred acres) and if he shall so bid, his bidding shall not be received, and if received, shall be void.
(9.)	If any land put up for sale by auction under the preceding provisions of this Act shall remain unsold for want of bidders, the same shall be again open for purchase at the upset price on the day next after the holding of the auction, and the applications already delivered for the same shall be deemed to have lapsed.
(10.)	In order to prevent the same person buying more than two hundred acres of land in any one block, the said Commissioner of Crown Lands shall, in addition to the General Register of Applications, keep for each block a register of the names and descriptions of all persons who have purchased any land in such block, showing the extent of land purchased by each person, and such register shall be kept in alphabetical order.

Conditions of licence to occupy to be binding.

5. The conditions set forth in the form of license to occupy in the Schedule to this Act, shall be binding upon the purchaser, his heirs, executors, administrators, and assigns, in the same manner as if embodied in this Act.

Report as to compliance with conditions.

6. At the end of two years from the day of purchase of any land under this part of this Act, or as soon as conveniently may be thereafter, some person appointed by the Superintendent shall report to the Commissioner of Crown Lands whether or not the purchaser thereof has during the said two years fulfilled the conditions of his license to occupy, and if page 23 upon such report it shall appear to such Commissioner that such purchaser has fulfilled the said conditions, the said purchaser shall be entitled to the land with respect to which the report is made, on payment of the residue of the purchase money as provided by this Act.

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.

Appeal against report.

8. Immediately upon the receipt by the said Commissioner of Crown Lands of any such report as is mentioned in the last preceding section, he shall send by post or otherwise, to the person against whom such report is made, at his address if any be known to the said Commissioner, and if none, then at the land purchased by him, a notice in the form C in the said Schedule or to the like effect; and if the purchaser shall deem such report false, he may within fourteen days after the delivery or posting of the said notice, appeal to any Resident Magistrate holding a Court near the place where the land is situate, by giving a written notice to such Resident Magistrate in the form D in the said Schedule, or to the like effect and paying therewith a deposit of five pounds. The said Resident Magistrate shall forthwith appoint a time and place for bearing the said appeal and shall give notice thereof to the appellant and to the said Commissioner of Crown Lands. At the time and place so appointed he shall sit to hear the appeal and shall examine upon oath all such persons as shall be tendered as witnesses by either party, and shall determine whether or not the appellant has within the said period of two years fulfilled the conditions of his license to occupy. The said Resident Magistrate shall have power to administer oaths and to adjourn the sitting from time to time and from place to place. The decision of the said Resident Magistrate shall be final, and there shall be no appeal therefrom, and the proceedings shall not be removable by certiorari either by the purchaser, or by the Commissioner of Crown Lands or Her Majesty the Queen.

Effect of decision on appeal.

9. The Resident Magistrate shall give written notice of his decision to the said Commissioner of Crown Lands and to the appellant. If such decision shall be that the appellant has not within the said period of two years fulfilled the conditions of his license to occupy, the sum deposited with the Resident Magistrate shall be forfeited and paid into the public account, and shall form part of the Consolidated Revenue of the Colony, and the Commissioner of Crown Lands shall proceed in the same manner as if the appellant had submitted to the original report. If such decision shall be that the appellant has within the said period fulfilled the said conditions, the appellant shall be entitled to the land in respect whereof such decision is made, in the same manner as if the report had originally been to the same effect as the decision, and the sum deposited with the Resident Magistrate shall be returned to the appellant.

Payment of further instalments.

10. Immediately after the making of a report in favor of any purchaser of land under this Act, or in case of an appeal, immediately after the decision in favor of any purchaser, such purchaser shall pay to the said Receiver of Land Revenue the second instalment of purchase money, being a sum equal to the whole deposit originally paid by him on purchasing the said land, and he shall pay a like sum in like manner at the end of the third, fourth and fifth year from the day on which he purchased such land, or at such earlier time, not before the time when the said second instalment falls due, as the purchaser shall think fit.

Forfeiture on non-payment.

11. If any purchaser of land under this part of this Act shall fail to pay any sum of purchase money in the manner required by this part of this Act, on or before or within thirty days after the day on which the same ought to be paid, the said land and ail improvements thereon, and all sums of money already paid for the same, shall be forfeited to Her Majesty.

Issue of grant.

12. When the whole of the purchase money of any land purchased under this part of this Act has been paid in the manner prescribed by this Act, the Governor shall issue to the purchaser thereof a grant from the Crown thereof, the purchaser paying such fee and sums of money as shall for the time being be payable in respect of such grant and of the registration of the title of the purchaser under "The Land Transfer Act, 1870." The title conferred by every such grant shall be deemed to relate back to the day when the payment of the purchase money was completed, and that day shall be inserted in the habendum of the grant.

Sale of forfeited land.

13. When any land purchased under this part of this Act has been forfeited to Her Majesty, the Commissioner of Crown Lands shall sell the same and the improvements thereon by public auction, for cash, at such time and place as he shall appoint, but not at a price less than twenty shillings per acre. At such sale any person may bid and purchase, notwithstanding his having purchased land in the same block to the extent of two hundred acres, and the purchaser of any such forfeited land shall be entitled to receive a grant thereof from the Crown, which shall be issued to him accordingly on payment of such fees as aforesaid.

Interest of purchase not assignable except under provisions of Act.

14. The interest of a purchaser in land under this part of this Act, who has not paid the whole of his purchase money, shall not be assignable at law or in equity, except under the provisions of this Act, and shall not be capable of being charged, encumbered, extended, or taken in execution in any manner whatever.

Substitution of person for purchaser.

15. If any purchaser of laud under this part of this Act who has not paid the whole of his purchase money, or his executors or administrators, shall desire to assign his interest in land occupied by him under one license to occupy, he or they may apply to the said Commissioner of Crown Lands to accept instead of himself some one person as purchaser, and if the said Commissioner shall think tit to accept such person, and such person shall not be disqualified to purchase land in the same block to the extent of the land proposed to be transfered, the said Commissioner shall cancel the page 25 existing license to occupy upon the same being produced to him, or if the destruction or loss thereof be proved to his satisfaction, he may dispense with the production thereof, and shall issue to the person accepted a new license on payment of a fee of one pound, to occupy in the same terms and of the same date as the original license, but with the name of such person substituted as purchaser, and thereupon such person shall be deemed to be and to have been from the date of the original purchase the purchaser of the land mentioned in such license, and his name shall be entered in the register of purchasers, and he shall thereafter be disqualified from purchasing land in the same block in the same manner as if he had been the original purchaser.

Substitution in case of insolvency.

16. If any purchaser of land under this part of this Act who has not paid the whole of his purchase money, shall become bankrupt, or under the provisions of any Act for the time being in force vest his property in a trustee for the benefit of his creditors, the trustee or other person in whom his property shall be vested may transfer the interest of such purchaser therein with the assent of the said Commissioner of Crown Lands, in the same manner as the purchaser might have done if he had not become bankrupt or vested his property as aforesaid.