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Royalties on Sawn Timber, 1885-1920.

Schedule A. —Rates of Royalty, 1917. Ordinary royalty shall be paid by the purchasers of timber at such rates as may bo fixed, being not less in any case than the following rates : — Per 100 sup. ft. s. d. Kauri ... ... ... ... ... ... ... ... 3 0 Totara ... ... ... ... ... ... ... ... 2 6 Matai, puriri, maire, silver-pine, mangeao ... ... ... ... 2 0 Rimu, miro, tanekaha, rata ... ... ... ... ... 1 0 Kahikatea, kahikawaka (cedar) ... ... ... ... ... 0 9 Beeches (called "birches"), taraire, tawa, and all other timbers ... 0 6 Puriri, totara, kauri, silver-pine, and matai sleepers and posts... ... 2 0 Other sleepers, posts, and rails, not less than 10s. per 100 in number ... 2 0 Fencing-stakes, not less than ss. per 100 in number ... ... ... 2 0 Shingles, not less than Is. per 100 in number... ... ... ... 2 0 Firewood (per cord) ... ... ... ... ... ... 2 0 No standing totara or black-pine, and no timber required for or suitable for milling purposes, to be permitted to be cut for posts, rails, fencing-stakes, shingles, firewood, &o. The royalty to be paid under this schedule is subject to the right of the Commissioner to cause any timber to be sold by appraisement or by auction in the manner set forth in the foregoing regulations. [Extract from State Forests Regulations, 1908.] Rates of Rotaltt. 31. Royalty on timber shall be paid at the rates specified in the classified scale in Schedule A; but where the timber is easily accessible and can be procured without great difficulty the Commissioner may increase the amount of the royalty specified. Royalty on the Rights to Reserved Areas. 37. The royalties payable on the reserved areas shall be upon the scale fixed by the regulations for the time being in force when a license to cut timber therein is issued, or may be at the rates fixed by auction for the original license, as may be decided by the Commissioner when granting the license for such reserved area; and nothing herein shall entitle a licensee to claim that the royalties then payable shall be on the scale set forth in these regulations. When a license to cut on any portion of a reserved area is granted it shall be granted subject to the regulations in force at the date of the granting of such license,

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