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Presumption of release of unpaid rent in certain cases. 41.(1) Where any land sold under the Land Purchase Acts is subject to any rent reserved under a lease, and no payment on foot of such rent has been made for a period of forty years prior to such sale, such rent shall, for the purposes of such sale and the distribution of the purchase money, be deemed to have been released. (2) Where portions of any such rent have become vested in different owners, this section shall apply to any portion of such rent as if it was a separate rent. Ss.42, 43 rep. by SLR 1950 Part IV (ss.6164), Part V (s.65) rep. by SLR 1950 Definitions.
© 1909 Crown Copyright
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