Section 10: Conditions of sale settled by Minister
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
10. Conditions of sale settled by Minister
(1) (a) The conditions of sale settled by the Minister shall be read aloud
by the public auctioneer, and may vary according to the special circumstances of every case.
(b) In every case, one quarter of the purchase price shall be paid before the purchaser is allowed to sign the conditions of sale, and the purchaser shall enter into a bond with 2 sureties bound jointly and severally
with him to pay the balance of the purchase price at the time and in the
manner settled in the conditions of sale.
(2) Nothing in subsection (1) shall take away, or in any manner modify,
the Government’s privileged vendor’s right in and over the property thus
sold.
Ask juris about this section Official source
Questions this section answers
- How much of the purchase price must I pay before signing the conditions of sale?
- Do I need sureties to buy State land on credit?