A USEFUL MEASURE.
As a pleasant., contrast to the (( Meetings Bill," to which we have drawn attention as a measure of a dangerous character, we now turn to one of a totally different class, and which has a good prospect of becoming law this session. Tbis is ''The Selectors Land Revaluation Bill," which has passed through the Legislative Council, and has reached its final stages m the House of Representatives. It is an instalment of the broader ! legislation attempted unsuccessfully last year m the shape of the fi Fair Rent ■ Bill," and so far as it goes will be » very f welcome and valuable measure of relief to many holders under the Crown, who have covenanted to make payments m excess of the value of their holdings m relation to the prices obtainable for the produce of the land. l * Selectors " for the purposes of the Act is defined to mean and include a selector of land on deferred payments, a lesee under perpetual lease, a selector under the Village and a lawful transferee of land held m either of these modes. Any selector who entered into occupation Jbefore the Ist January, 1888, " may at any time, prior to the Ist January, 1891, apply to the Waste Lands Board for a revaluation of his allotment and the Board is empowered to make suoh revaluation, if it so think fit, the basis beiug the value of the allotment at the time of revaluation exclusive of improvements. The decision of the Board must be submitted to the Minister, and upon his approval thereof, is to have the force of law. Upon Buch revaluation being made and approved, the allotments so revalued are to be held by the respective selectors at the values named m the revaluation : which is to have a retrospective effect, as set forth m Clause 7. This reads as follows : — <f The value m respeot of any such revalued allotment shall relate back to the date of the lioense or lease thereof, subject to the following provisions :— i (1) Payments m respeot of the occupation of any of the aforesaid allotments for the future, or m respect of any arrears due for such occupation m the past, shall be made on the value of such allotments as set forth m the revaluation. (8) Every selector whe has paid instalments m respeot of the allotment m his occupation a greater amount than determined under this Act for such allotment shall receive credit for the excess m future payments for the said allotment, (8) Every selector whose payments of instalments m respect of any allotment are equal to or greater than the value of such allotment »g determined under this Act shall be entitled forthwith to a grant m fee thereof, but be shall m no case be entitled tq any refund. (4) Every selector who has paid m rent or interest for the allotment m his occupation a greater amount than may be determined under this Act m respect of suoh allotment, shall receive credit m future payments of rent or interest for the same allotment to the amount of suoh excess." The Bill is one of the best, it | not the very best, which has been introduced by Government this session, and it is satisfactory to learn that it is likely to escape the fate which has so far overtaken nearly all their measures, with a monotonous and disastrous uniformity.
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