26.—(1) No deficiency in the Purchase Annuities Fund or in the Land Bond Fund arising from the revision of annuities or from reductions made by this Part of this Act in the amounts payable in respect of other annual payments shall be a charge on the Guarantee Fund.
(2) The provisions of the Land Purchase Acts in relation to the contingent portion of the Guarantee Fund shall cease to have effect on the passing of this Act.
(3) All arrears of revised purchase annuities arising under the Land Purchase Acts, 1881 to 1889, which accrue due after the passing of this Act shall be a charge on the Guarantee Fund and shall be made good to the Exchequer out of that fund.
