Land Law (Commission) Act, 1923
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Disposal of the funds of the Congested Districts Board. |
9.—(1) From and after the passing of this Act the following existing statutory provisions shall cease to have effect, that is to say— | |
(a) Section 5 of the Congested Districts Board (Ireland) Act, 1899 ; | ||
(b) Section 38 of the Irish Land Act, 1903 , in so far as it provides for the payment of the sum of £20,000 to the Congested Districts Board in each financial year; | ||
(c) Section 49 of the Irish Land Act, 1909 , in so far as it provides for the payment to the Congested Districts Board of the annual sum of £144,750 (being the residue of the annual sum of £163,750 mentioned in that section remaining after payment of the annual sum of £19,000 to the Department of Agriculture and Technical Instruction). | ||
(2) The annual charge on moneys provided by the Oireachtas created by Section 1 of the Ireland Development Grant Act, 1903, shall be reduced by the sum of £20,000, being the annual sum payable under the said Section 38 of the Irish Land Act, 1903 , to the Congested Districts Board. | ||
(3) From and after the passing of this Act, the annual sum placed at the disposal of the Congested Districts Board by virtue of Sub-section (1) of Section 35 of the Purchase of Land (Ireland) Act, 1891 , shall be paid to the Irish Land Commission and applied as an appropriation in aid of the vote for the Irish Land Commission. | ||
(4) All the property and assets (other than lands, tenements, and hereditaments) transferred by this Act from the Congested Districts Board to the Irish Land Commission shall be applied or retained by the Irish Land Commission under Regulations made by the Minister for Finance to meet outstanding or contingent liabilities of the Congested Districts Board and so far as not so applied or retained shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may appoint. |