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Now know ye that We, reposing trust and confidence in your impartiality, knowledge, and ability, do hereby nominate, constitute, and appoint you, the said Sir Michael Myers, Hanara Tangiawha Reedy, and Albert Moeller Samuel to be a Commission—(a) To inquire and report whether, due regard being had to the -events and circumstances (so far as the same can be ascertained) leading to and surrounding the enactment of the said Act, there was some benefit or valuable right which can be regarded as having been designedly secured by the said Act to the beneficial owners of the reserves of which they have been deprived by those provisions of the said section 19 which, in the fixing of the amount upon which the rental of a renewal of a lease is to be calculated, permit to be deducted from the gross value of the lands comprised in the lease, the value of the substantial improvements of a permanent character whether made during the current or expiring term of the lease or during any former or expired term ; and (b) To inquire and report whether, due regard being had to the events and circumstances aforesaid and to the circumstances prevailing at the time of the enactment of the said section 19, the lessees of the reserves did, by virtue of those provisions of the said section 19 mentioned in the last preceding paragraph, obtain some benefit or valuable right which was otherwise than fair and reasonable ; and (c) To inquire and report whether the subsisting law so far as it relates to the method of assessing the rentals payable under renewed leases of the reserves works, or can be so construed as to work, any injustice upon the beneficial owners of the reserves or upon the lessees thereof; and (d) If it be reported that the. law so works, or can be so construed as to work, any injustice as aforesaid, then to make such proposals as you may think fit for the amendment of the law, and, in particular, of that portion of it, which, in the fixing of the amount upon which the rental is to be based, touches the ascertainment of the gross value of the lands and the value of the substantial improvements of a permanent character ; and (e) If, in your opinion, there should be any amendment of the law, to report whether such amendment should relate only to the renewal of leases in the future, or whether the same should apply to leases which have been renewed since the provisions of the said section 19 came into force, or whether some other provision should be made in respect of the leases so renewed ; and

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