Tramways and Public Companies (Ireland) Act, 1883

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Sale to public of parcels not purchased by tenants.

14. Where a public company have purchased an estate, they may sell any parcels which they do not sell to the tenants thereof in such a manner as they think fit, in consideration either of a principal sum as the whole price, or of a fine and a fee farm rent, or partly in one way and partly in the other.

The Land Commission may advance to any purchaser of a parcel under this section, on the security of such parcel, one half of the principal sum paid as the whole price or of the fine.

The provisions of this part of this Act with respect to the charges for expenses and to the mode in which sales are to be made shall apply to the sale of a parcel in pursuance of this section in like manner as if the purchaser had been the tenant of the holding at the time of his making the purchase.