Stock Assessment Act 1864 (SA)

ANNO VICES1310 SEPTI110 ET VICESIMO OCTAVO

No. 8.

[Assented to, 3rd S o v e i ~ ~ h r, 1864.1

reamble.

HEREAS it is expeclicnt to authorize certain reductions in the P

valuation of runs ~mtlcr tho provisioris of the Act passed in,

the twenty-sccond year of the reign of Her present Majesty, So. 20,

intitaled h i l c t for an Assessment on Stock, ancl fbr other pur-

for improvements to be allowed to lessees under rcncwed leases-Be

it therefore Enacted, by the Governor-in-Chief of the Province of

South Australia, with the a d ~ i c c and consent of the Legislative

poses therein inentioned," and to make providion for the compensation_ l'arliament assembled, as follows:

K

1. It shall bc lawful for the vahator or valuators. who mav from Reductions in resaect J

of improvements may

time to time be appointed uildcr thc said Act, to make, in his or be	by ualuulors.
their valuations, such reductions in the reut of the lands valued bv
him or them, i i respect of improvements effected thereon, as to hi& or them may seem just: Provided that such reduction shall not, in
any one yeas, cxcced one-fifth of the actual value of such improve-
ments as estimated by the said valuator or valuators.

2. In case any lands included in any lease which may have been Tenant be afl~wea

for improvements

renewed under the said Act sliall bc resumed during the term withrateable dc-

,

granted in the renewed lease, the tenant shall be allowed for the duction-

improvements effected during the original term, and eHisting at the

time

27" & 28" VICTORIB, No. 8.

Assesmen t on Stock A c t. 1 8 6 4.

time of resumption upon the lands so resumed, at the full value, subject to a reduction to the extent of the amount which, at the time of resumption may have been allowed as a reduction on the rent of the lands included in the lease in respect of improvements.

Valuotor t o state

arrlount of reduction 3. The valuator or valuators shall in his or their valuation state or them in respect of improvements, and shall also in such valuation state the nature and estimated value of improvements existing on the land at the time he or they shall make such valuation.

in	improw- the amount of reduction of rent which shall have been made by him
mertiu.
'emoh

'be dl;;::r~~ renewed.

4. Nothing in the Assessment of Stock Act, No. 20 of 1858, shall

be construed to confer on the holder of any pastoral lease. renewed

under the provisions of thc said Act, a right to a further renewal of

any such renewed lease.

' C 1 ~ v f l l n n t t o ~ c ~ ~ ~ i ~ t o 5. I n any renewed lease to be made under the authority of the

h: ci~nl,iincd in re-

nl.wrd lime.

said Act, No. 20 of 1858, there shall be included a covenant on the

- part of the lessee to keep in good condition and repair all houses,

fences, and improvcmcnts on the land included in such lease, reason-

able wear and tear, and damage by fire, storm, and tempest only

excepted.

'! liis hvt to bc con- 6. This Act, and the said Act passcd in the twe~ty-second year of

f t~ ur>ll with A C ~ NO.

:W ' ~ f	18 18.	the reign of Her present Majesty, shall be construed together as one
Act.

In the name and on behalf of the Queen I hereby assent to

this Act.

D. DALY, Gowrnor.

Adelaide : Printed by authority, by W. C. Cox,