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Part V.[1]
Acquisition of Land by Tenants, Reclamation of Land, and Emigration.
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Acquisition of Land by Tenants.
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Advances to tenants by commission for purchase of holdings.
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24. (1.) The land commission, out of moneys in their hands, may, if satisfied with the security, advance sums to tenants for the purpose of enabling them to purchase their holdings. . . .
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(2.) Sales by landlords to tenants may on the application of either landlord or tenant be negotiated and completed through the medium of the land commission at a fixed price or percentage, according to a scale to be settled from time to time by the land commission with the consent of the Treasury.
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(3.) Where an estate is subject to incumbrances, or any doubt arises as to the title, the land commission, if satisfied with the indemnity or terms given by the landlord, may themselves indemnify the tenant against any such incumbrances, or any right, title, or interest adverse to or in derogation of the title of the landlord, and any such indemnity of the land commission shall be a charge upon the Consolidated Fund or the growing produce thereof.
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[1The provisions of this part of the Act are amended by 48 & 49 Vict. c. 73. ss. 2, 4.] |
