Geraldton Express in Geraldton, Western Australia

Advances for farm stock and improvements cited with limits

The document outlines loan advances under Special Occupation Lease or Conditional Purchase for Crown holdings and homestead properties. It sets limits: up to £900 for improvements, £200 for half the value of additional improvements, and 75 percent of existing improvements not to be borrowed against. Advances to any one person capped at £500, breeding stock loans max £100, with conditions on security and repayment terms. Applications must use bank forms, include a 1 percent valuation fee, stamp duties, and registration fees. Repayment spans up to 80 years except stock advances at 7 years. interest at 5 percent per year, paid semiannually.