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PURCHASE OF LAND (IRELAND) ACT 1901
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CHAPTER III.
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An Act to amend subsection (1) of section nine of the Purchase of Land (Ireland) Act, 1891, and subsection (2) of section forty-three of the Land Law (Ireland) Act, 1896. [2nd July 1901.]
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Be it enacted by the King’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:
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Amendment of 54 & 55 Vict. c. 48. s. 9 and 59 & 60 Vict. c. 47. s. 43 (2) with respect to limit of advance.
62 & 63 Vict. c. 18.
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1.—(1.) Where it appears to the Lord Lieutenant that it is expedient that the limit provided by subsection (1) of section nine of the Purchase of Land (Ireland) Act, 1891, with respect to the advances which may be made in any county should be exceeded, he may certify to that effect to the Treasury, and the Treasury may authorise advances to be made in that county, to such increased amount as may be determined by them, not exceeding fifty times the share of the county in the guarantee fund, where they are of opinion that such advances can be made up to that increased amount without risk of loss to the Exchequer.
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(2.) The Lord Lieutenant may certify to the like effect with respect to the limit provided by subsection (2) of section forty-three of the Land Law (Ireland) Act, 1896, and in such case the Treasury may authorise advances to be made under that section for the benefit of the county mentioned in such certificate to such increased amount as may be determined by them, not exceeding fifty times the share of the county in the interest on the church surplus grant, after making the deductions in the said subsection mentioned, where they are of the same opinion as aforesaid.
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(3.) Subsection (1) of section four of the Congested Districts Board (Ireland) Act, 1899 (which extends the limit under section forty-three of the Land Law (Ireland) Act, 1896), is hereby repealed.
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Short title.
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2. This Act may be cited as the Purchase of Land (Ireland) Act, 1901.
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