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COMPANIES (AMENDMENT) ACT (NORTHERN IRELAND) 1963 - SECT 4

Liability for rentcharge on company's land after disclaimer.

4.(1) Where on a disclaimer under section 291 of the Act of 1960 land vests
subject to a rentcharge in the Crown or any other person that shall not,
subject to sub-section (2), impose on the Crown or the said other person or
its or his successors in title any personal liability in respect of the
rentcharge.

(2) This section shall not affect any liability in respect of sums accruing
due after the Crown or the said other person, or some person claiming through
or under the Crown or the said other person, has taken possession or control
of the land or has entered into occupation thereof.

(3) This section shall apply to land vesting and sums accruing due before, as
well as after, the passing of this Act.

S.5 amends s.308 of 1960 c.22 (NI)

© 1963 Crown Copyright

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