SOLDIERS' SETTLEMENT.
AMENDED REGULATIONS. (From Oue Own Correspondent.) WELLINGTON, November 15. Amended regulations have been made under the Discharged Soldiers’ Settlement Act, 1915, in accordance with the 1923 amendments to give effect to the machinery clauses of the 1921 Act, enabling the Department to dispose of interests acquired by the Crown through foreclosure, and to take a mortgage over whatever consideration may bo available For a term not exceeding 361 years. A clause in the new regulations enables the Department to operate more easily and with greater consideration for the soldier settler the schedules of the main regulations, and to differentiate between the two percentages (5 and s|) applicable to mortgages given to a soldier or other citizen respectively. A now kind of Department license is authorised under the amended regulations metre easily to distribute (he repayments ot principal and interest owing by soldier settlers to the Crown from the first year of their opeiation.
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Otago Daily Times, Issue 19020, 16 November 1923, Page 6
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155SOLDIERS' SETTLEMENT. Otago Daily Times, Issue 19020, 16 November 1923, Page 6
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