Closer Settlement (Amendment) Act 1966 (NSW)

CLOSER SETTLEMENT (AMENDMENT) ACT.

Act No. 8, 1966.

An Act to remove certain restrictions on the transfer of settlement purchase leases, group purchase leases and closer settlement leases; for this and other purposes to amend the Closer Settlement Amend­ ment (Conversion) Act, 1943; and for purposes connected therewith. [Assented to, 22nd March, 1966.]

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative	Council and Legislative Assembly of New South Wales in
Parliament assembled, and by the authority of the same, as follows: —
1. This Act may be cited as the "Closer Settlement (Amendment) Act, 1966".
2 . ( 1 )	The Closer Settlement Amendment (Conversion)

Act, 1943, as amended by subsequent Acts, is amended—

(a)	(i)	by omitting from subsection two of section
eleven the words "a closer settlement lease the title to which commenced before the commencement of the War Service Land Settlement and Closer Settlement (Amend­ ment) Act, 1945, or a settlement purchase lease or a group purchase lease or application for permission to transfer (except by way of release of mortgage or by way of mortgage to the Minister) or otherwise deal with a closer settlement lease the tide to which commenced after the commencement of such Act" and by inserting in lieu thereof the words "a settlement purchase lease or a group purchase lease or a closer settlement lease"; (ii)

(ii)  by omitting subsection three of the same section;

(b) by omitting section 13B and by inserting in lieu thereof the following section : —

13B. Where in pursuance of the provisions of section thirteen of this Act the holder of any settlement purchase lease or group purchase lease or closer settlement lease surrenders the whole or part thereof he may be paid such amount as the Minister may consider the circumstances warrant.

(2) Any application made under subsection two of section eleven of the Closer Settlement Amendment (Conver- sion) Act, 1943, as amended by subsequent Acts, before the commencement of this Act and pending at such commencement shall be dealt with under the provisions of that section as amended by this Act.