New South Wales Consolidated ActsWhere the only indebtedness to the Crown or to the Commission of an occupier
of any holding or tenure of any of the classes referred to in subsection one
or subsection four of section four of this Act is arrears of indebtedness the
Minister may, in any case where, in his opinion, the circumstances so warrant,
determine that a specified part or proportion of such indebtedness shall for
the purposes of this Act be deemed to be current indebtedness and the
remaining part arrears of indebtedness. The power to make any such
determination shall be deemed to have become exercisable on the first day of
July, one thousand nine hundred and thirty-four, and shall be exercisable for
a period of one year from that date.
Where any such determination is made the provisions of section four of this
Act shall apply to and in respect of such part as is deemed to be current
indebtedness, and the provisions of section six and section seven of this Act
shall apply to such part as is deemed to be arrears of indebtedness.