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EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 28

Church Temporalities.

28.(1) All moneys arising from the apportionment to the Government of Northern
Ireland under section thirty-one of the Government of Ireland Act, 1920, of
revenues derived from land, or any interest in land, shall so far as they are
of the nature of annual income, and after making such adjustments by way of
repayment or otherwise as may be required, be paid into the Exchequer as part
of the public income.

(2) All moneys arising from time to time from the redemption of any mortgage
or charge belonging and apportioned to the Government of Northern Ireland as
aforesaid or from the sale of any land or interest in land so belonging and
apportioned shall be paid to the Terminable Revenues Sinking Fund and shall be
invested, accumulated, and applied as the Ministry may determine under
sub-section (2) of the last preceding section.

© 1950 Crown Copyright

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