THE DISCHARGED SOLDIER SETTLEMENT ACT.

Digger (Invercargill RSA), Issue 6, 23 April 1920, Page 3

THE DISCHARGED SOLDIER SETTLEMENT ACT.

ANOTHER ANOMALY. Another anomaly, this time in connection with the D.S.S. Act, has been pointed out by a correspondent, who remarks that it is possible, by applying for one ioan for the purpose of purchasing a section and erecting a house, to obtain a greater sum than is granted if loans are separately applied for, (1) for purchase of a section, and (2) for the erection of a residence. The correspondent, it seems, applied for a loan for the purchase of a section, and was granted it — an amount of £60. Then he applied for a loan to erect a dwelling and fence, and was granted the maximum amount of £750. The total of his loans, therefore, was £810. Later, he discovered that his neighbour, applying under the sarne Act, and wishing to build precisely the same type of house; asked in the first instance for one loan to cover both the cost of section and the erection of a house. He was granted £850 for the purpose. The position is that a man applying for a loan for the erection of a dwelling cannot be granted more than the maximum amount provided for that purpose, which, as said, is £750. Yet, should he make application for a loan to purchase land and erect a dwelling he is entitled to a maximum grant of £1000. The obvious inference is that a man wishing to build should apply for a loan to cover both the cost of erecting the house and purchasing the section.