Enables State Tenants To Provide For Future

Northern Advocate, 24 August 1943, Page 2

Enables State Tenants To Provide For Future

I (P.A.) WELLINGTON. This Dav. ' Provision whereby tenancies of . State [houses may be continued in families in [perpetuity and that, by a voluntary additional pavment to rent, a reserve can ho Ibuilt against old age, are contained in the [Finance Bill introduced last night. The Minister for Finance (Mr. Nash) stated [that tenancies could not be terminated •as long as lenants paid rent and observed [the covenants of their agreements. In the !event of tenants paying something extra in the way of rent, this amount eoulu be :set aside and so enable a surviving parent ,to continue in occupation at a lower rent. 'This would be particularly beneficial in iold age when it would not be possible for [tenants to meet full rental from Social [Security or similar benefits, j A surviving parent would also have the privilege to nominate any one child as a .succeeding occupier of the house. The Bit! was read a first time, and the House [passed the committee stages of the third [reading of the Local Legislation. Social Security Amendment and Age Benefits [Bills at midnight, when it rose until 2.30 I today.