Irish Land Act, 1909

Restriction on amount expended by Land Commission on purchase of congested estates.

27. Without prejudice to any restriction under subsection (2) of section nine of the Act of 1903, the Land Commission shall not in any one year enter into agreements for the purchase of congested estates which will involve, according to their estimates, a total loss on the re-sale of the estates of a greater sum than that which may be fixed by the Treasury for that year.