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Release of forfeiture incurred by purchaser to whom money advanced. 26. Whenever a holding has, either before or after the passing of this Act, become forfeited to the Commissioners of Works, under section forty-four or forty-five of the Landlord and Tenant (Ireland) Act, 1870, and a legal proceeding in respect of such forfeiture has either not been taken by the said Commissioners, or if taken, has been abandoned, they may, with the consent of the Treasury, if it seem fit, after notice to all persons appearing to the Commissioners of Works to be concerned, order that the holding shall be released from the forfeiture as from the date at which it accrued, and shall vest in the person named in the order discharged from all claims on account of the alienation, subletting, or other act, on account of which the forfeiture was incurred. Such order shall have full effect and be binding on all persons interested in the holding; and the holding, after the date thereof, shall cease to be subject to the conditions imposed by the sections above in this section mentioned, and shall be subject to the conditions imposed by section thirty of the Landlord and Tenant (Ireland) Act, 1881, and that section shall apply with the substitution of the Commissioner of Works for the Land Commission. S.27 rep. by SLR 1908; SLR 1950
© 1887 Crown Copyright
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