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Conditions annexed to holdings whilst subject to advances. 30.(1) As between the land commission and the proprietor for the time being of any holding for the purchase of which the land commission have advanced money in pursuance of this Part of this Act, the following conditions shall be imposed so long as such holding is subject to any charge in respect of an annuity in favour of the land commission; that is to say, (a)The holding shall not be subdivided or let by such proprietor without the consent of the land commission until the whole charge due to the land commission has been repaid: (b)Where the proprietor subdivides or lets any holding or part of a holding in contravention of the foregoing provisions of this section, the land commission may cause the holding to be sold: (c)Where the title to the holding is divested from the proprietor by bankruptcy, the land commission may cause the holding to be sold: Para.(d) rep. by 1955 c.24 (NI) s.46 sch.3 (2) The land commission may cause any holding which under this section they can cause to be sold, or any part of such holding, to be sold by public auction or private contract, and subject to any conditions of sale they may think expedient, and after such notice of the time, place, terms and conditions of such sales, as they think just and expedient; and the land commission may convey such holding to the purchaser in like manner in all respects as if the holding had been vested in the land commission. Subs.(3) rep. by 1896 c.47 s.52 sch.2; 1932 c.16 (NI) s.1(8); SLR 1950 S.31 rep. by 1953 c.13 (NI) s.4 sch. S.33 rep. by 1896 c.47 s.52 sch.2. S.34 rep. by 1887 c.33 s.18(2); 1903 c.37 s.103 sch.; SLR 1950. Ss.35, 36 rep. by SLR 1950 Court to mean civil bill court.
© 1881 Crown Copyright
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