THE FREEHOLD.

Press, Volume XLIX, Issue 14761, 3 September 1913, Page 12

THE FREEHOLD.

_♦ —- —■ HEAVY CONVERSIONS. HOW THE ACT WORKS. IMPORTANT FlGUßES(special to , "tub fbess.") WELLIXGTOX, September 2. As a supplement to t fac Lands Report the Prime Minister to-day presented a return calculated to show up to June 30th, 1013. tho operation of tho amendment of the Land Law s as passed last- year. The Lands Report ended at jlarch 31st, when the amendments had been in operation for only three months. This statement, however, covers tho whole- position. In mvst cases' roods and po les have beo ° omitted in tho tables of areas. The pii rcha.se of lonses-in-perpetuity ; and renewable leases affected under the Laud Laws Amendment Act, IJI-, up ( i<, March 31st, 1913 (from January ; Is' 1J13) were eoulined to the pur- , chw of lcase-in-perpctuity holdings. ; Tiitso purchases were as follow:— j Number of Area j Province. purchases, acres, j Auckland ... ■-• J j'f\ j SST... ::: > $» \ Nelson ... ••• ;{ MariborouKh ••■ 'j ' 9 J. Canterbury ... •} /^ Southland ••■ j& ;M»^ Totals ..• ™ H-«33 In the same period the conversions to deferred payments were confined to six | blocks of 'Ll.'P. land m Southland, i wliicJi totalled 154 acres 2 roods. j The operations in tr.e nest three months were decidedly more- vigorous in every department. Tho purchases of tho freehold ot L.I.P. lands from April Ist to June 30th were as follow: — Number of Area Province purchases, acres. Auckland... ••■ 3-i 4,5t« Ha,-ke's«ay ... 4 806 Taranalu ... ••• o 1.018 Wellington ••■ ofa o,Bdo Nelson ... ■•• W *.«-;> Marlborough ... 5 L' 33 Wci-tlanii ... ■•■ 5 ] .•"'£* Canterbury ... 3 1-6 Southland" , :.":_27 5^20 Totals ... 161 -23,135 In addition in the same period thcro wen two car.es (totalling 10 acres) in Auckland where the freeholds of renewable leases were purchaser], and one caso in Canterbury where half an aero was concerned. The grand totals up to Juno 30th from January Ist, therefore, showed that 243 transactions had taken place, affecting 21.750 acres. The conversions to deferred payment for April-Juno quarter were: — Province. Number. Acres. Auckland ... •■- S 1.316 Hawke's Bay ... 1 '0 Taranaki 4 1,068 Wellington ... ' j 026 Nelson ... •- 4 1,1 f>6 Wcstland ... - r > » l J Southland .- 1G 1,307 Totals ... 42 6,933 In three provinces there were also in this quarter —April-June —conversions of renewable lenses to tho deferred payment system. They were: — ' Province. Number. Acres rds. Auckland ... 10 971 3 • Hawke's Bay ... 3 620 2 Taranaki " ... _I__ 6 2 Totals ... 14 1,599 ° Thft six months conversion to tho deferred payment- system totalled 62 transactions, affecting 5686 acres 3 roods. APPLICATIONS RECEIVED. Tho appHrations received for tho purchase of L.I.P. and renewable lease holdings under last year's Act. but in connection with which the transactions wcro not completed at June 30th, are as follow: — Appiicalions to Applica-tione purchase to purchase for on deferred caah. ey&tem. Province. Xo. Acres. Xo. Aci«. Auckland .. 16 2.020 13 1,451 Hawke'a Bay 9 4,053 Nil Jul Taranaki ".. Kil Nil 5 929 Wellington .. 23 S,M7 8 1,&>3 Nelson .. 3 I.COS < 1.027 Ma.rlboroTish 1 104 Nil NilWtaUand * 8?3 3 i- 627 - Canterbury .. 3 441 Kil Nil Otayo .. 4 803 Nil Nil Southland .. i 633 2 12 Totale .. 73 13,033 35 6,904 TJio land hero affected totals 20,808 acres, and the applications are 108. v In regard to applications to convert in the case of renewable leases the figures are:— Applications to Applications purchase to purchase for on.deferred cash. eyalem. Province. Xo. Acroe. No. Acres. Auckland .. 18 8,121 48 4,486 N«:son .. • 1 778 Nil Nil Canterbury •• Nil Nil 1 05 Southland .. 1 h Nil Nfl Totals .. 20 ,8,8994 49 4,511 The applications in this section total 69, affecting , 13,411 acres. The grand totals of applications awaiting consideration arc 177 applications for 34,219 acres 2 roods.