The lessee of any of the land vested in the Council by section 3 of this Act which for the time being is being used exclusively for residential purposes by that lessee or by the spouse of a deceased lessee thereof may apply in writing to the Council for postponement of the rent or any part of the rent payable to the Council under the lease.

Every such application shall be in the form from time to time prescribed by the Council.

On receipt of an application under section 10 of this Act, the Council may in its discretion, if it is satisfied after full inquiry that hardship exists or would be caused by non-postponement of the whole or part of the rent, grant the application in whole or in part for such period as it thinks fit, and shall give notice in writing to the lessee of its decision.

The Council may, if it considers it appropriate, charge interest on the amount of any rent postponed under subsection (1) of this section at such rate as it from time to time determines, not exceeding in any financial year the rate which is, on the commencement of that year, being charged by the bankers of the Council for money owing to them by the Council or which would be chargeable if money were owing.

Any rent payable under a lease of any of the land described in the First Schedule to this Act which has been, is, or will be postponed under section 11 of this Act (together with any interest on it) shall on registration of the certificate specified in subsection (2) of this section be a charge on the leasehold interest of the lessee in the land in respect of which the rent is payable.

Where the Council has postponed payment of any rent pursuant to this Act it may deposit in the office of the District Land Registrar for the Wellington Land Registration District a notice in form 1 in the Second Schedule to this Act, signed by the Town Clerk, describing the land and stating that the land is subject to a charge on account of postponed rent, and the Registrar shall register that notice accordingly.

The registration of one such notice shall be sufficient notification of a charge in respect of all rent on the property the payment of which has been or is postponed by the Council or that may be so postponed after such registration.

Except with the consent of the Council, no dealing with the leasehold interest in the land by the lessee shall be registered while any charge under this section is registered against the land.

Where all the rent in respect of which a charge has been registered under this section (together with any interest on it) has been paid to the Council, the Town Clerk shall cause a release of the charge in form 2 in the Second Schedule to this Act to be registered.

Upon the deposit of that release with the District Land Registrar, the Registrar shall cause the release of the charge to be registered.

All rent the payment of which has been postponed pursuant to section 11 of this Act shall become due and payable in any of the following events:

Where any rent in respect of which a charge has been registered under this Act has become payable pursuant to section 13 of this Act, for the purpose of enforcing the charge the District Court, on application by the Council, may make such order as the Court thinks fit either for payment of the rent or for the sale of the leasehold interest of the lessee in the land or otherwise; and any order for sale shall be carried into effect by the Sheriff in the same manner as in the case of a writ of sale with any modifications that may be necessary or as may be provided by rules of Court in that behalf.”