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Effect of compulsory sale of holding.
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55. Where a holding is put up for sale by or at the instance or with the consent of the Land Commission, the holding shall be sold subject to the purchase annuity (if any) and any charge under any Public Works Acts, but discharged from all other claims or incumbrances of all persons whomsoever who are interested in the holding, and all such claims shall, as from the date of the sale, cease as against the holding and attach to the purchase money, in like manner as, immediately before the date of the sale, they attached to the holding.
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