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PURCHASE OF LAND (IRELAND) ACT 1885 - SECT 12

Appropriation of income and capital money.

12. When the capital money arising from any sale under this Act is retained by
the Land Commission, the income thereof shall be paid by them to the vendor or
other person entitled thereto.

The Land Commission shall make orders for the payment of such purchase money
to any persons found by the Land Commission to be entitled thereto.

Save as expressly provided by this Act, nothing herein contained shall affect
the rights of any incumbrancer, or other person interested in any estate or
holding sold, to the capital money arising from such sale.

S.13 rep. by SLR 1950. S.14 rep. by 1896 c.47 s.52 sch.2; SLR 1950


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© 1885 Crown Copyright

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