With respect to the land which, in exercise of the powers in that behalf conferred by section three of The Wellington Corporation and Harbour Board Streets and Lands Act 1892, was granted by the Governor to the Corporation, the following provisions shall apply:—
(1) It shall be lawful for the Corporation to convey the said land to Her Majesty, and, in consideration thereof, for the Colonial Treasurer to pay to the Corporation the sum of one thousand nine hundred and ninety-two dollars out of the Public Account without further appropriation than this Act; or, at the option of the Corporation, for Her Majesty to grant to the Corporation, by way of exchange, other Crown land to the value of one thousand nine hundred and ninety-two dollars.
(2) If the Corporation does not convey the said land to Her Majesty as aforesaid within three months after the passing of this Act, then the Corporation shall within the said three months remove the central shelter-shed now existing on the said land, and shall not at any time erect any public convenience on the said land without the previous consent of the Governor in Council:
Provided that in no case shall shelter-sheds be deemed to be a public convenience within the meaning of this subsection:
(3) Provided further that if the said central shelter-shed is duly removed as aforesaid, then the Colonial Treasurer shall pay to the Corporation the sum of nine hundred and ninety-six dollars out of the Public Account without further appropriation than this Act:
(4) Provided further that the existing shelter-shed next the railway may remain erected and in use until the Corporation shall have provided other adequate shelter-shed accommodation.
“one thousand nine hundred and ninety-two dollars” and
“nine hundred and ninety-six dollars” in subsection (1), were substituted, as from 10 July 1967, for the words
“nine hundred and ninety-six pounds” and
“four hundred and ninety-eight pounds” pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).