TIME FOR APPEAL
EXTENSION TO BE MADE
Replying, the Minister of Finance (the Hon. W. Nash) said th|at the Bill conferred as much on the mortgagor as.on the mortgagee. If a-party were dissatisfied with a voluntary agreement the matter could be reviewed and then the decision : would be-final. The Government did not take the tenyear period to July, 1936, as; that would have, given' the fanners less. He contended that the 20 per cent, equity introduced by the last Government'was introduced only 27 days before the election. ■ ■ ■' ■' ' ■': ' ■"■• ■ ;■'.. . ■:.• Mr. Coat.es said that the benefit was given in State mortgages months pre* viously. : . ■ ■ Mr. Nash said that the provision was taken from the Government's Bill,' and if the provision was made' months earlier why was the statement made shortly before the election? He concluded by stating that a number of amendments would be made during the Committee stage, one being probably the extension of the date of appeal to January 31.
The Bill was read a second ■ time on the voices, and the House rose at 1.30 a.m.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19360916.2.160.7
Bibliographic details
Evening Post, Volume CXXII, Issue 67, 16 September 1936, Page 16
Word Count
176TIME FOR APPEAL Evening Post, Volume CXXII, Issue 67, 16 September 1936, Page 16
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.