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PUBLIC HEALTH (IRELAND) ACT 1878 - SECT 244 

Redemption of private improvement rates.

244. Where any person has advanced money for any expenses which by this Act
are, or by the [district council] may be, declared to be private improvement
expenses, the [district council], on being satisfied by the report of a
competent person or otherwise that the money advanced by such person has been
duly expended, may issue a grant in the form in the Schedule (B) to this Act
to such person of a yearly rentcharge issuable out of the premises, in respect
whereof such advance has been made, or out of such part thereof, to be
specified in such grant, as the [district council] may think proper and
sufficient.

Such rentcharge shall be personal estate, and shall begin to accrue from the
date of completion of the works on which the money advanced has been expended,
and shall be payable by equal half-yearly payments during a term not exceeding
thirty years, in such manner that the whole of the sum advanced, with the
costs of preparing the said grant, together with interest thereon
respectively, at a rate not exceeding six pounds per centum per annum on the
sum from time to time remaining unpaid, shall be repaid at the end of the said
term.

The provisions of this Act with respect to deduction from the rent of a
proportion of private improvement rates, and with respect to redemption of
private improvement rates, shall, mutatis mutandis, apply to rentcharges
granted under this section.

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