Payment of costs
5 Payment of costs
The cost, to be fixed by the Minister, of the fencing wire and wire netting so supplied, with interest, sinking fund contributions, and other charges as prescribed, shall be payable by the settler by fifty equal half‑yearly instalments.
Every approval of an application for the supply of fencing wire and wire netting shall be subject to security being given by the settler to the satisfaction of the Minister for the payment as aforesaid as a first charge on the settler's holding, and other land improved by the use of such fencing wire and wire netting.
If the holding or other land as aforesaid of the settler is subject to a mortgage to the agricultural Bank, or the Industries assistance Board, the mortgage to be given to the Minister shall rank pari passu with the mortgage to the agricultural Bank, and in priority to the mortgage to the Industries Assistance Board.
The cost of transit from the port of entry to the settler's land shall be payable by the settler as prescribed.
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