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IRISH LAND ACT 1903 - SECT 45 



45. As regards advances under the Land Purchase Acts, in pursuance of
agreements entered into after the passing of this Act

(1)Every advance shall be repaid, in the manner and at the times prescribed by
the Treasury, by means of a purchase annuity calculated at the rate of [#3.25]
for every hundred pounds of the advance and so, in proportion, for any less
sum:

(2)The purchase annuity shall be paid until the whole of the advance, in
respect of which it is payable, is ascertained in manner prescribed by the
Treasury to have been repaid:

(3)Section twenty-five of the Act of 1896, relating to the mode of calculating
purchase annuities, shall not apply.

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© 1903 Crown Copyright

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