Conditions to be Indorsed on License to Occupy.

1. The purchaser must before the day of [two years from date] build on the said block a house of the value of at least ten pounds, and must within the said period fence or clear, crop or lay down in grass, one-tenth part of the said land.

2. An officer appointed by the Superintendent will within three months after the last-mentioned period report whether the previous conditions have been fulfilled. If his report is unfavorable to the purchaser, the purchaser may appeal to a Resident Magistrate in the manner provided by the First Part of "The Wellington Special Settlements Act 1871." When it has been decided that the purchaser has fulfilled the previous conditions, the purchaser shall pay the residue of the purchase money by instalments as follows :—£ immediately after the decision, and a like sum on each of the following days:— 18 18 18 or earlier if he thinks fit.

3. If the purchaser fail to perform the above conditions or to pay any instalment within thirty days after it falls due, the land and all improvements and all money already paid will be forfeited.

4. If the purchaser, or his executors or administrators, or a trustee under his bankruptcy, shall desire to transfer his land before paying all his purchase money, he or they may apply to the Commissioner of Crown Lands to accept another fit person in his place.