Land Act, 1984
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Dissolution of Purchase Annuities Fund. |
5.—(1) The Purchase Annuities Fund established under section 12 of the Land Act, 1923 , is hereby dissolved and, accordingly, section 12 (2) of that Act and the Land (Purchase Annuities Fund) Act, 1933 , are hereby repealed. | |
(2) Any sums standing to the credit of the Purchase Annuities Fund upon the passing of this Act and any sums that, but for this section, would be paid into that Fund shall be paid into, or disposed of, in accordance with the directions of the Minister for Finance, for the benefit of, the Exchequer. |