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The New Zealand Constitution Act [1852]: together with correspondence between the Secretary of State for the colonies and the Governor-in-Chief of New Zealand in explanation thereof

Section III.—Proclaimed Lands Outside Hundreds

Section III.—Proclaimed Lands Outside Hundreds.

7.Rural Lands outside Hundreds to be sold at fixed price of 10s. per acre.
8.But where land is so unavailable that the Commissioner shall certify it is not worth 10s. per acre, lands so certified shall be surveyed and put up to auction at 5s. per acre.
9.Mineral sections, or other sections for which there may be several competitors, may at any time be put up to auction.
10.Rural allotments to be generally of a rectangular form, and extend at least forty chains in depth from roads, rivers, &c.:
11.But in any cultivated localities allotments of irregular shape and small extent may be laid out.
12.In districts where the lines of road are not laid out, a right of road reserved, and allowance made in land from three to five per cent.
13.Right of pre-emption of homesteads granted to run holders at a fixed price of either 10s. or 5s. per acre: the run holder, however, may be called upon to exercise this right.
14.Lands applied for which form part of a sufficiently stocked run will, provided they be certified as unavailable for agriculture, be put up to auction at 5s. per acre after three months' notice of sale shall have been given to the run holder.