Land Act, 1953
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Further amendments of Land Bond Act, 1934. |
8.—(1) Subsection (2) of section 3 of the Land Bond Act, 1934 , is hereby amended by the insertion after “shall” of “(subject to the provisions of the next section)”. | |
(2) Subsection (2) of section 4 of the Land Bond Act, 1934 , is hereby amended by the insertion before “during” of “or deemed to be fixed”. | ||
(3) Subsection (2) of section 4 of the Land Bond Act, 1934 , is hereby amended by the addition at the end of the subsection of “except in relation to advances and purchase moneys required to be made or paid by means of an issue of land bonds bearing the same rate of interest as land bonds previously issued”. | ||
(4) Subsections (1) and (3) of this section shall be deemed to have come into operation on the passing of the Land Bond Act, 1934 . |