Limerick City Management Act, 1934

Adjustment of rent in certain cases.

26.—(1) Where a tenement or hereditament situate in the City or the Borough is held (whether together with or without other premises) under a lease which binds the lessor to pay or allow a deduction or set off against or indemnify the lessee against or otherwise to relieve the lessee from any rates (other than poor rate) payable in respect of such tenement or hereditament, all rent payable under such lease in respect of a period commencing on or after the 1st day of April, 1935, shall be reduced—

(a) in the case of an annual rent, by an amount equal to the amount of the rates (other than poor rate) in respect of such tenement or hereditament for the local financial year commencing on the 1st day of April, 1934, to which the relief afforded to the lessee by such lease lawfully extended, and

(b) in the case of any rent other than an annual rent, by an amount which bears to the rates (other than poor rate) in respect of such tenement or hereditament for the local financial year commencing on the 1st day of April, 1934, to which the relief afforded to the lessee by such lease lawfully extended the same proportion as the period by reference to which such rent is calculated bears to one year.

(2) In this section the word “lease” includes any contract of tenancy, whether in writing or verbal, whereby the relation of landlord and tenant is created, and the words “lessor” and “lessee” respectively include the landlord of and the tenant under such tenancy.