University Education (Agriculture and Dairy Science) Act, 1926

Demise of Albert Agricultural College to University College, Dublin.

3.—(1) The Department of Agriculture and Technical Instruction for Ireland (hereinafter called the Department) shall as soon as conveniently may be after the passing of this Act demise by one or more leases the several lands and premises described in the Second Schedule to this Act to University College, Dublin for the term of ninety-nine years from the appointed day subject to the rents, covenants, and conditions hereinafter mentioned.

(2) The rent or rents to be reserved by such lease or leases shall be fixed at such sum or sums as will exactly reimburse to the Department the rents payable by the Department in respect of the lands and premises described in Parts I and II of the Second Schedule to this Act and the annuity payable by the Department in respect of the lands and premises described in Part III of the said Second Schedule.

(3) Every lease made by the Department in pursuance of this section shall contain such covenants on the part of University College, Dublin and such conditions as the Minister for Finance shall direct and in particular a covenant against assignment, subletting, or parting with the possession of the demised lands and premises or any part thereof without the consent in writing of the Minister for Finance.

(4) The demise required by this section to be made of the lands and premises described in Part II of the Second Schedule to this Act may be made without the consent of the Lord Mayor, Aldermen, and Burgesses of the City of Dublin or of the person in whom their interest is vested at the date of the demise, and such demise shall not be void nor shall its validity, operation, or effect be prejudiced or affected by reason of the absence of such consent.

(5) The demise required by this section to be made of the lands and premises described in Part III of the Second Schedule to this Act may be made and shall be valid and effectual notwithstanding anything to the contrary contained in the Land Purchase Acts and notwithstanding that any consent required by those Acts is not obtained or given.