Irish Land Act, 1909

Investment of purchase money on sales to Land Commission.

26. Where an estate is vested in the Land Commission by a vesting order made by them, the purchase money may be paid into the Bank of Ireland and invested in like manner as if the estate had been sold to persons other than the Land Commission, and the provisions of subsection three of section twenty-four of the Act of 1903 shall apply in the case of every sale to the Land Commission where the purchase money has been invested under this section.