S.I. No. 136/1933 - Land (Finance) Rules, 1933.

STATUTORY RULES AND ORDERS. 1933. No. 136.

LAND (FINANCE) RULES, 1933.

THE MINISTER FOR FINANCE, IN EXERCISE OF THE SEVERAL POWERS CONFERRED ON HIM BY SECTION 17 AND OTHER SECTIONS OF THE LAND ACT, 1923 (No. 42 OF 1923), AND SECTION 11 of THE LAND BOND ACT, 1933 (No. 33 OF 1933), AND OF EVERY AND ANY OTHER POWER HIM IN THIS BEHALF ENABLING, HEREBY MAKES THE FOLLOWING RULES AND REGULATIONS, THAT IS TO SAY :—

PART I.PRELIMINARY AND GENERAL.

1 Short title.

1.—These Rules may be cited for all purposes as the Land (Finance) Rules, 1933.

2 Definitions.

2.—(1) In these Rules—

the expression " the Principal Rules " means the Land (Finance) Rules, 1925, as amended by the Land (Finance) Rules, 1925, Amendment Rules, 1927, and the Land (Finance) (Amendment) Rules, 1932, the expression " new land bonds " means four and one-half per cent. new land bonds issued under the Land Bond Act, 1933 (No. 33 of 1933) ;

the expression " the Act of 1923 " means the Land Act, 1923 (No. 42 of 1923), as amended by the Land Bond Act, 1925 (No. 25 of 1925) ;

save as is otherwise provided by these Rules or required by the context, every word and expression to which a particular meaning is given in and for the purposes of the Principal Rules has the meaning so given to it.

(2) These Rules, in so far as they are made under the powers conferred by section 11 of the Land Bond Act, 1933 (No. 33 of 1933), shall be regulations within the meaning of that section, and the word " Rule " in these Rules shall be construed accordingly.

3 Interpretation.

3.—(1) The Interpretation Act, 1923 (No. 46 of 1923), applies to the interpretation of these Rules in like manner as it applies to the interpretation of an Act of the Oireachtas passed after the 1st day of January, 1924.

PART II.AMENDMENT OF THE PRINCIPAL RULES.

4 Amendment of Rule 31.

4.—Paragraph (1) of Rule 31 of the Principal Rules is hereby amended by the deletion of the words " under section 66 of the Act," and the insertion of the words " under any provision of the Land Purchase Acts " in lieu of the words so deleted.

5 Amendment of Rule 38.

5.—Rule 38 of the Principal Rules is hereby revoked and the following Rule substituted therefor, that is to say :—

" 38. If the day on which anything is directed by these Rules to be done falls on a Sunday or a Bank Holiday that thing shall be done on the next following day which is neither a Sunday nor a Bank Holiday."

PART III.NEW LAND BONDS.

6 Application of the Principal Rules to new land bonds.

6.—The Principal Rules, as amended by these Rules, shall apply to and have effect in respect of new land bonds issued under the Land Bond Act, 1933 , (No. 33 of 1933), in like manner as they apply to and have effect in respect of land bonds issued under the Act of 1923, and accordingly the word " bonds " wherever it occurs in the Principal Rules shall be construed as including the said new land bonds.

7 The transfer by deed register.

7.—The Bank shall keep, in pursuance of Rule 11 of the Principal Rules, a transfer by deed register in relation to new land bonds which shall be separate and distinct from the transfer by deed register kept in pursuance of the said Rule 11 in relation to land bonds issued under the Act of 1923, and accordingly references in the Principal Rules to the transfer by deed register shall, in relation to new land bonds, be construed as referring to the said separate register so to be kept in relation to new land bonds.

8 Application of forms.

8.—The forms set out in the First Schedule to the Principal Rules shall apply to and be used in respect of transactions relating to new land bonds but with such modifications as may be necessary to render them applicable to those transactions.

Given under the Official Seal of the Minister for Finance, this 31st day of October, 1933.

(Sgd.) ARTHUR D. CODLING,

A.S. Rúnaí,

Roinn Airgid.