Rent Roll increased by 103 to 23,140 and the total Crown rent by $169,430 to $3,871,967.
65. The number of lots on the Village Rent Roll continued to dwindle slowly, the total of 1,294 being six less than last year. The remaining lots produce only $1,012 per annum, most of the rents being less than $1. In order to reduce the cost of collection, Demand Notes for rents of less than $5 per annum are now issued every five years instead of annually. The last five-yearly collection was for the five years ending 30th September 1964.
66. The Crown rents of 252 sections of lots were determined under the Crown Rents (Apportionment) Ordinance. Applications under this Ordinance may be made either by the owner of the Remaining Portion of a lot, in which case the rents of all the sections are determined, or by a section owner, in which case the rent of his section only is deter- mined, the rent of the remainder of the lot being reduced correspond- ingly. Upon determination of the rent of a section the owner is deemed to hold the section as if a separate Crown lease for it had been granted to him at the determined rent.
Fees
67. Owing to the decrease in the number of instruments registered there was a considerable drop in the total Land Office fees collected. The year's total of $1,345,364, being $242,659 less than last year, was made up as follows:
Deeds registration and Miscellaneous Crown leases
Apportionment of Crown rents
++
Consents to sale of units in uncompleted multi-storey
buildings
$1,245,212
58,137
3,015
39,000
$1,345,364
PART III
COMPANIES REGISTRY
Companies Registration
68. The Companies Ordinance is based on the Companies Act 1929, formerly in force in Great Britain but now replaced by the Companies Act 1948. Part I of Table IX lists the various Ordinances and sub- sidiary legislation now in force in the Colony relating to Companies.
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