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THE TRANSVAAL.

: *- —r— ' LAND BANK. . FORFEITURE OF MINING CLAIMS FOR . NON-WORKING. , im TELEGEAra—ntnsa association—copibioht.) (Reo. August 16, 4.15 p.m.) \ Pretoria, August 15. '■ The Transvaal Legislative Assembly has adopted the most contentious clause of the Gold Bill, empowering the Government' to confiscate insufficiently worked claims. 1 " "Tho clause acts retrospectively. , A new Bill .crepes ,a,. not .exceeding £2,500,000| to'provide'for any' deficiencies under the Land Bank sclieme. The Gold Law as originally proposed provided for a fine in the-case of non-working of ' claims. ,It was opposed' by the mineowners as being inimical to' the mining industry and to capital. Forfeiture' is, of course, a still mol-6 • stringent penalty.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080817.2.47

Bibliographic details

Dominion, Volume 1, Issue 278, 17 August 1908, Page 7

Word Count
106

THE TRANSVAAL. Dominion, Volume 1, Issue 278, 17 August 1908, Page 7

THE TRANSVAAL. Dominion, Volume 1, Issue 278, 17 August 1908, Page 7

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