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taken of underlining the special nature of the
present concession 1.e. that it arises from speci
circumstances following on the war.
2.
Do not the last two lines of the re-draft of
paragraph 4 of the public announcement as contained
in paragraph 1 of your despatch under reference refer
rather to premium than to Crown rent? Similarly with
the proposed addition to paragraph 4 of the
announcement contained in paragraph 7 of your despatch?
In these circumstances would not further amendment as
follows of paragraphs 4 and 5 of announcement clarify
the meaning?
(a)
Paragraph 4. As amended in paragraph 1 of
your despatch under reference, but omitting last two lines, and ending with the words "at that time.
(b) Paragraph 5 should be amended to read as
follows. "Payment of a premium would be required based on land values prevailing in the locality at the time of the application. Such premium would represent the balance of the value of the land (exclusive of the buildings thereon) over and above the Crown rent. It would be payable in one lump sum on acceptance of the application or (at the option of the lessee) by instalments over an agreed period of years or over the unexpired residue of the existing term, together with the whole of the new term:
/in
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