111.  Afrika.  970  152.  Transvaal.

authorized  under  the  Ordinance  of  the  Colony  intituled  the  “Transval  Guaranteed
Loan  Ordinance,  1903,”  as  has  been  allocated  to  land  settlement  in  the  Colony.

(b.)  There  shall  further  be  transferred,  on  the  appointed  day,  to  the  Board
for  the  aforesaid  purposes,  all  moveable  property  vested  in  the  Government  of  the
Colony  and  used  in  connection  with  the  said  lands,  and  all  rights  and  obligations
acquired  or  incurred  by  the  Government  against  or  towards  the  persons  in  occupation
  of  the  said  lands  and  in  respect  thereof.

(c.)  There  shall  further  be  transferred  to  the  Board  for  the  said  purposes,  and
more  especially  for  the  purposes  of  making  advances  under  the  authority  of  the  said
Settlers’  Ordinance  to  the  persons  in  occupation  of  the  aforementioned  lands,  all
moneys  paid  to  the  said  Government  by  such  persons  as  aforesaid  in  discharge  of
their  obligations  to  it,  and  held  by  it  on  the  appointed  day  for  or  on  account  of  land
settlement,  and  any  balance  of  money  appropriated  by  the  Intercolonial  Couneil
to  the  said  Government  out  of  the  loan  authorized  by  the  “Transvaal  Guaranteed
Loan  Ordinance,  1903,”  for  the  purposes  of  land  settlement,  together  with  such
further  sums  as  may  be  approved  by  a  Secretary  of  State,  out  of  moneys  hereafter
appropriated  to  the  Government  by  the  said  Council  for  land  settlement  purposes.

(3.)  The  said  Board  may,  with  the  approval  of  the  Governor,  exercise  all  the
rights  and  discharge  all  the  duties  conferred  and  imposed  by  law  or  agreement  on
the  Government  of  the  Colony,  or  any  Member  thereof,  in  respect  of  the  aforementioned
  lands  and  the  persons  in  occupation  of  them,  and  may  appropriate  to  such
purpose  and  generally  to  the  cost  of  carrying  out  this  section  any  moneys  paid  to
it  after  the  appointed  day  by  such  persons  as  aforesaid  in  discharge  of  any  obligations
  incurred  by  them  to  the  Government,  as  well  as  any  moneys  transferred  to
it  under  sub-section  2  (c)  of  this  section.

(4.)  (a.)—The  rights,  powers,  and  duties  conferred  and  imposed  by  this  section
on  the  Board  shall  be  determined  on  the  expiration  of  five  years  reckoned  from  the
appointed  day;  Provided  always  that  it  shall  be  competent  for  the  Government  of
the  Colony  to  make  an  agreement,  subject  to  the  consent  of  the  Governor  and  with
the  approval  of  a  Secretary  of  State,  with  the  Board  in  respect  of  the  matters  referred
to  in  this  section  whereby  the  said  rights,  powers,  and  duties  aforesaid  shall  be  sooner
determined.

(b.)  On  the  determination  of  the  said  rights,  powers,  and  duties  the  Board
shall  transfer  to  the  Governor  in  Council  the  aforementioned  lands  registered  in
its  name  and  all  movable  property,  moneys,  rights,  and  obligations  acquired  and
incurred  by  it  under  the  provisions  of  this  section,  and  the  Board  shall  thereupon
be  dissolved.

(5.)  The  appointed  day  shall  be  such  day  as  may  be  proclaimed  by  the  Governor
in  the  Gazette.

General  Provisions.

LIII.  All  taxes,  imposts,  rates,  and  duties,  and  all  territorial,  casual,  and  other
revenues  of  the  Crown  (including  royalties)  from  whatever  source  arising  within
the  Colony  over  which  the  Legislative  Council  and  Legislative  Assembly  have  power