PRIMITIVE WESLEYAN METHODIST SOCIETY OF IRELAND ACT 1871 - SECT 11 Proviso for cases in which the equity of redemption of the premises may be barred or released.

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PRIMITIVE WESLEYAN METHODIST SOCIETY OF IRELAND ACT 1871 - SECT 11

Proviso for cases in which the equity of redemption of the premises may be barred or released.

11. Provided always, that in every case in which the equity of redemption of
the premises comprised in any such security shall become liable to
foreclosure, or otherwise barred or released, the same shall be thenceforth
held in trust to be sold and converted into money, and shall be sold
accordingly; and if any decree shall be made in any suit for the purpose of
redeeming or enforcing such security, such decree shall direct a sale (in
default of redemption) and not a foreclosure of such premises.

S.12 rep. by SLR 1893 (No.2)The Schedule sets out the "General Principles of
the Methodist Constitution"

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Northern Irish Legislation

PRIMITIVE WESLEYAN METHODIST SOCIETY OF IRELAND ACT 1871 - SECT 11