The Pamphlet Collection of Sir Robert Stout: Volume 56
Lands which may be Sold by Auction
Lands which may be Sold by Auction.
The country lands that may be sold by auction are shown by a distinguishing colour on the county maps, but before any such lands are offered for sale a schedule of the lands proposed to be sold shall be laid before both Houses of Parliament.
The Crown lands within any city, town, or borough proclaimed before the passing of this Act, and any land proclaimed by the Governor in Council as a township, shall be sold by auction.
Notice of every such sale by auction shall be given in the Government Gazette at least 30 days before the date at which such sale shall take place.
The conditions of any sale by auction are that the purchaser shall pay the survey charge at the time of sale and a deposit in cash of 25 per cent, of the whole price, and that the residue of the price shall be payable by twelve equal quarterly instalments, bearing interest at the rate of 6 per cent, per annum, computed with respect to each instalment for the period elapsed between the time of sale and the time of the payment of such instalment.
From and after 1st July, 1885, all moneys arising from the sale of Crown lands by auction shall be credited to a trust account, for the purpose of making provision for the construction of any railways that may hereafter be authorized by Act of Parliament.
There shall be inserted in every Crown grant of lands alienated in fee simple, and in every licence or lease of land demised with the right of acquiring the fee-simple thereof, a condition that such lands are granted or demised subject to the right of the holder of a miner's right or of a mining lease to erect and occupy mining plant or machinery in the same manner as if such land were Crown land, provided that compensation be paid for surface damage, and the payment thereof shall be a condition precedent to such right of entry.