• Preamble

  WHEREAS by five several Crown grants, each bearing date the thirteenth day of April, one thousand eight hundred and seventy-five, all those parcels of land described in Schedule 1 hereto, with all the rights and appurtenances thereto belonging, were granted to the Superintendent of the Province of Canterbury and his successors in trust as an endowment for schools of technical science and agriculture, and for the promotion of superior education: And whereas it was resolved by the Provincial Council of Canterbury that the said lands should be leased to the present holders of depasturing licenses over the same upon the same terms and conditions as the same were held under the provisions of the Waste Lands Regulations of the Province of Canterbury: And whereas by an Ordinance of the Superintendent and Provincial Council of Canterbury, intituled “The Educational Reserves Leases Ordinance, No 2, 1875”, provision is made for leasing the said lands to the present holders of depasturing licenses over the same land: And whereas the several parcels of land described in Schedule 2 hereto were, upon the recommendation of the Provincial Council of the Province of Canterbury, by Proclamation of the Superintendent of the said province, duly reserved as an endowment for a school of technical science and other educational purposes, and as an endowment for the promotion of superior education: And whereas it is expedient that further provision should be made by which the said lands shall be open for sale upon the same terms and conditions as those upon which the waste lands of the Province of Canterbury are now open for sale pursuant to the Waste Lands Regulations for the time being in force in the said province, and for the management and leasing of the said lands:

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, as follows:—