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RURAL HOUSING

CHANGES IN THE LEGISLATION

PARLIAMENT BLDGS., July 30

Certain alterations to the existing rural housing legislation, designed m facilitate its administration, are contained in the Rural Housing Amendment Bill, which was introduced ana read a first time in the House tonight. Provision i s made for county councils, through which bodies the scheme is administrated, to impose a penalty of 5 per cent if the instalments of loans should not be paid nv the due date.

The Crown is given the power, m cases where it is the mortgagee, to ■yield its priority to any advance made under the Act, while the same power is extended to trustees. County councils are given the nower to collect instalments of tnc loans in the same way as rates are

collected, with the result that tnecounty council can demand then: from the actual occupier of the house, even though that person may not be the one. who borrowed the money. Any buildings that are hired to farmer s to provide accommodation for farm workers are to remain the property of the Crown.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19400731.2.29

Bibliographic details

Grey River Argus, 31 July 1940, Page 5

Word Count
181

RURAL HOUSING Grey River Argus, 31 July 1940, Page 5

RURAL HOUSING Grey River Argus, 31 July 1940, Page 5