Land Act, 1939
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Redemption of annual sums and additional sums. |
52.—Annual sums and additional sums payable— | |
(a) by purchasers of holdings for the purchase of which agreements for purchase are deemed to have been entered into under the Land Purchase Acts, or | ||
(b) by tenants of retained holdings for the purchase of which agreements for purchase are not deemed to have been entered into, or | ||
(c) by tenants of holdings comprised in a list of congested districts holdings published in pursuance of section 23 of the Land Act, 1931 , or in a list of holdings on untenanted land published or deemed to be published in pursuance of section 24 of that Act as amended by section 33 of the Land Act, 1936 , | ||
may be redeemed, and shall be deemed always to have been capable of being redeemed, in whole or in part with the consent of the Land Commission in like manner as if they were purchase annuities, and accordingly the provisions of the Land Purchase Acts relating to the redemption of purchase annuities and to the payment into the purchase annuities fund or into the land bond fund of sums paid by tenant purchasers in redemption of purchase annuities shall apply, and shall be deemed always to have applied, to the redemption of the said annual sums and additional sums and to the payment into the appropriate fund of moneys paid in redemption of such sums. |