CROWN LEASES
RIGHT OF REVALUATION
(By Telegraph.—Press Association.)
NELSON, This Day. -The Minister of Lands (the Hon. IT. D. M'Leod) paid a visit to Tapawera yesterday, where he met a large gathering of Crown tenants. Referring to a petition from a number of Crown lessees that their rentals were too high, tho Minister stated that it was Ins intention to bring down legislation during the present session giving every Crown tenant the right of a revaluation. With this in view he proposed to set up a permanent revalution board consisting of the Valuer-General, the Under-Sccretary of Lauds, a;id the Land Purchase Controller. Under the present Land Act tho lessee had the right of revaluation not earlier than three years or later than six years after the commencement of the lease. Tho Minister reiterated the 'Government's policy, which was to assist the trier to the utmost limit Winder the law. The meeting carried an enthusiastic vote of thanks to the Minister for his visit.
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Bibliographic details
Evening Post, Volume CIV, Issue 22, 26 July 1927, Page 10
Word Count
163CROWN LEASES Evening Post, Volume CIV, Issue 22, 26 July 1927, Page 10
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