WHEREAS the Cawthron Institute Trust Board (hereinafter called the Board), a body corporate constituted under The Thomas Cawthron Trust Act 1924, is authorized, for the purpose of any trust under its control, to hold land of any tenure, and is the owner of certain lands and buildings in the City of Nelson, the Tahunanui Town District, and the County of Waimea: And whereas the lands and buildings of the Board are rateable property within the meaning of The Rating Act 1925: And whereas it is desirable to exempt the Board from payment of rates to any local authority in respect of certain of its lands and buildings and to authorize the Nelson City Council, the Tahunanui Town Board, the Waimea County Council, and the Nelson Harbour Board to remit certain rates already due and payable by the Board in respect of such lands and buildings now vested in it: