Land Act, 1953
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Amendment of section 31 of Land Act, 1939. |
13.—(1) Subsection (1) of section 13 of the Land Act, 1939 , is hereby amended— | |
(i) by the insertion in paragraph (b) of “or the date of the vesting of such land, tenancy, easement, or right (where that date is earlier than the date of such lodgment) in the Land Commission” before “to the date”, and | ||
(ii) by the insertion after paragraph (c) of: | ||
“and | ||
(d) all interest paid by the Land Commission to the credit of the relevant matter before such allocation in respect of any period before the Land Commission got or gets possession or user of the said land, tenancy, easement or right.” | ||
(2) Any reference to purchase money in section 13 of the Land Act, 1939 , or that section as amended by this section, shall be construed as including a reference to purchase money lodged in respect of— | ||
(a) the provisional price referred to in section 30 of the Land Act, 1933 , or that section as extended by section 30 of the Land Act, 1936 , other than any part thereof referable to land bonds redeemed by the Land Commission, and | ||
(b) the additional advance (if any) made pursuant to section 30 of the Land Act, 1933 , or that section as extended by section 30 of the Land Act, 1936 , or as amended by this Act. | ||
(3) Subsection (2) of this section shall be deemed to have come into operation on the passing of the Land Act, 1939 . | ||
(4) Any moneys payable to the Land Commission under section 13 of the Land Act, 1939 , or that section as amended by this section, shall, notwithstanding anything contained in that section, be obtained by the sale of sufficient of the land bonds lodged (whether before or after the passing of this Act) to the credit of the relevant matter to produce an amount equal to such moneys. |