Land Reclamation Act, 1949

Regulations.

7.—(1) The Minister for Finance may make regulations for the calculation, period of payment, redemption and disposal of annuities under this Act.

(2) The power to make rules conferred by subsection (1) of section 3 of the Land Act, 1933 (No. 38 of 1933), shall extend to the making of rules for any matter referred to in this Act as prescribed.

(3) Regulations under this section shall be laid before each House of the Oireachtas as soon as may be after they are made and if a resolution is passed by either House within the next twenty-one days upon which that House has sat after the regulations have been laid before it annulling the regulations, the regulations shall be annulled accordingly but without prejudice to the validity of anything previously done thereunder.