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Amendment of sec. 21 of the Settled Land Act, 1882.
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1. Where any improvement of a kind authorised by the Act of 1882 has been or may be made either before or after the passing or this Act, and a rentcharge, whether temporary or perpetual, has been or may be created in pursuance of any Act of Parliament, with the object of paying off any moneys advanced for the purpose of defraying the expenses of such improvement, any capital money expended in redeeming such rentcharge, or otherwise providing for the payment thereof, shall be deemed to be applied in payment for an improvement authorised by the Act of 1882.
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