The Pamphlet Collection of Sir Robert Stout: Volume 44
Leases of Mineral Lands
Leases of Mineral Lands.
Mineral leases may be granted.
(1.) |
Conditions. |
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(2.) | The tern to be granted shall be any number of years not to exceed twenty-one, at the option of the lessee. | ||||||||||||||||
(3.) | That a money rent be reserved. | ||||||||||||||||
(4.) | That the lease may contain any or all of the following clauses:—
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13. It shall be lawful for the Board, on the expiration
of any mineral lease, to cause all buildings and machinery necessary for the proper working of the mine then on the land held under such lease to be assessed, and the amount of valuation shall be paid by the incoming tenant to the Board before such incoming tenant shall be let into possession of the land to be comprised in the lease; and the Board shall pay over to the person who at the expiration of the old lease was the lessee or transferee and holder of such lease the amount received for such valuation: Provided always that no lessee shall have any claim for valuation or compensation for or on account of any improvements, either against the Crown or the Board; but when and as soon as any sum of money shall be received by the Board from any new lessee in payment of improvements, such sum shall be paid over by the Board to the person who at the expiration of the old lease was holder thereof.
Compensation for improvements.
14. Every application for a lease shall be sent in by the
applicant to the Land Office in Hokitika, in a form to be prescribed by the Board; and it shall be lawful for the Board either to grant or refuse the lease, or to put the lease of the land up to auction at a rent to be fixed by the Board.
Application dealt with.
15. The land comprised in any lease may, at the
request of the lessee, at any time after an occupation of three years, be put up to sale by auction, subject to the lease thereof already granted, at an upset price to be fixed by the Board, subject to the approval of the Governor.
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Leased land may be submitted to auction.
Applicants to furnish plans before lease granted.