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Advances for purchase of other portions of estate.
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2.—(1) In the case of the sale of an estate advances under the Land Purchase Acts may be made for the purchase of parcels thereof by the following persons:—
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(a) A person being the tenant of a holding on the estate;
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(b) A person being the son of a tenant of a holding on the estate;
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(c) A person being the tenant or proprietor of a holding not exceeding five pounds in rateable value, situate in the neighbourhood of the estate; and
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(d) A person who, within twenty-five years before the passing of this Act, was the tenant of a holding to which the Land Law Acts apply, and who is not at the date of the purchase the tenant or proprietor of that holding: Provided that, in the case of the death of a person to whom an advance under this paragraph might otherwise have been made, the advance may be made to a person nominated by the Land Commission as the personal representative of the deceased person.
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(2) Advances under this section shall not, together with the amount (if any) of any previous advance under the Land Purchase Acts then unrepaid by the purchaser, exceed one thousand pounds:
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Provided that the limitation in this subsection may, subject to the other limitations in the Land Purchase Acts, be exceeded where the Land Commission consider that a larger advance may be sanctioned to any purchaser, without prejudice to the wants and circumstances of other persons residing in the neighbourhood.
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(3) The Land Purchase Acts shall, subject to the provisions of this section, apply to the sale of a parcel of land in pursuance of this section, in like manner as if the same was a holding and the purchaser was the tenant thereof at the time of his making the purchase, and the expression “holding” in those Acts shall include a parcel of land in respect of the purchase of which an advance has been made in pursuance of this section.
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