Land Act, 1939

Amendment of section 36 of the Land Act, 1931.

11.—The references in sub-sections (3) and (4) of section 36 of the Land Act, 1931 , to interest at the rate of four and one-half per cent. per annum shall be construed and have effect, and shall be deemed always to have had effect, as references to the rate per cent. per annum at which the dividends on the land bonds transferred to the credit of the relevant estate are payable.