48Particulars included in tender

48 Particulars included in tender

(1) In each tender for a plantation the amount of purchase money offered for the property shall be deemed to be in respect of planted and unplanted land, buildings of all kinds (including jetties and copra dryers), live stock, plant, machinery, vehicles, vessels, boats, all fixtures, and plantation equipment, specified in the catalogues, schedules, or inventories issued by the Custodian for the inspection of intending purchasers, coco-nut palms and other trees, coco-nuts on palms, coco-nuts on the ground (not being coco-nuts collected at the usual places for cutting), and good-will.

(2) The amount of purchase money offered in any such tender shall not be deemed to be in respect of the following property, whether included or not in the catalogues, schedules, or inventories issued by the Custodian for the inspection of intending purchasers:

(a) Plantation stores on hand, except those specified in the catalogues, schedules or inventories as plantation equipment;

(b) Unexpired contracts with native labourers; and

(c) Coco-nuts collected at the usual places for cutting, copra and other produce in course of curing, and copra and other produce on hand.