The Short Title of this Act shall be “The Public Reserves Sale Act, 1877.”

It shall be lawful for the Governor, whenever he shall think fit, to sell and dispose of by public auction, either altogether or in lots, all or any part of the said allotments or parcels of land more particularly mentioned or described in the said Schedule A to this Act.

It shall also be lawful for the Governor, in the name and on behalf of her Majesty, to make and execute, under the Public Seal of the Colony, Crown grants in the usual form to the purchasers of any of the lands sold under this Act, and every such grant shall be deemed to convey an estate in fee-simple, free from encumbrances.

The money to arise from every such sale shall be applied first in payment of the expenses attending the same, and then in the manner following respectively, that is to say,—

As to the purchase-money of the allotment, being part of Section number five hundred and thirteen on the plan of the City of Wellington, in or towards the erection of a Courthouse or Courthouses in the City of Wellington:

As to the purchase-money of part of Section number three hundred and sixty-eight, in the Township of Waimate, in or towards the erection of a Resident Magistrate’s Court and other public buildings on another part of the same section:

As to the purchase-money of Sections five, seven, and eight, in the Town of Roxburgh, in or towards the erection of a Resident Magistrate’s Court elsewhere within the said town.

And whereas it has been proposed that the parcel of land described in the Schedule B hereunto annexed, together with the buildings thereon erected, shall be transferred by the Government of the colony to the Auckland Improvement Commissioners in exchange for a certain other parcel of land described in the Schedule C hereunto annexed, together with the buildings erected thereon, which last-named parcel of land the aforesaid Commissioners have agreed to convey to Her Majesty in fulfilment on their part of the proposed exchange: And whereas the aforesaid Commissioners have also agreed to dispose of and sell to Her Majesty the lands described in the Schedule D hereunto annexed, together with the buildings erected thereon:

Be it further enacted that it shall be lawful for the Governor whenever he shall think fit, in the name and on behalf of Her Majesty, to make and execute under the Public Seal of the colony a Crown grant to the Auckland Improvement Commissioners and their successors of the parcel of land described in the said Schedule B to this Act, together with the buildings thereon erected, and may also grant to the aforesaid Commissioners, their successors or assigns, a right of way to, in, and over the passage forming the eastern boundary of the aforesaid land.

Any land conveyed by the aforesaid Commissioners to Her Majesty under the authority of this Act shall be deemed to be reserved for public purposes; and the portion thereof described in the Schedule D to this Act, together with the buildings erected thereon, shall be appropriated to and for the purposes of a Resident Magistrate’s Court for the City of Auckland.

It shall be lawful for the Auckland Improvement Commissioners to convey to Her Majesty all that piece of land described in the said Schedule C to this Act, together with the buildings erected thereon, now occupied by the Grammar School, and being part of the old Albert Barracks Reserve.

It shall also be lawful for the aforesaid Commissioners to sell and dispose of by private contract, and to convey to Her Majesty, all that piece of land described in the said Schedule D to this Act, together with the buildings erected thereon, known as the Wesleyan Chapel and School, which lands were purchased by the said Commissioners from the Trustees of the Wesleyan Chapel and the Trustee of the Temperance Hall site respectively.

Any land granted to the aforesaid Commissioners in exchange for the parcel of land hereby proposed to be conveyed by them to Her Majesty may be dealt with by them as land purchased under “The Auckland Improvement Act, 1873;” and the moneys to be received by the aforesaid Commissioners, as proceeds of the sale of the lands described in Schedules B and D respectively, shall be applied as money received under the last-mentioned Act is directed to be applied.