CO129-534-10 Sale of Marine Lot leases 16-4-1931 - 17-11-1931 — Page 15

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which relate to the grant of Crown leases

for a period of 75 years and their renewal

for the same period on certain conditions,

and to request that you will furnish me with

information on the following points:-

(1) On what basis is compensation to be paid

if the Govt. resumes possession of the

land at the end of the first period of

75 years?

neut

(2) Is it clearly laid down that the load will

period of

be re-assessed at the end of the first/75

years to bring it up to the market value

at that time ?

(3)

Is it clear that the land reverts to the

Govt. at the end of the second period of

75 years without any payment of compensation?

I have, etc.

(Signed) PASSFIELD,