Land Act, 1984

Dissolution of Irish Church Temporalities Fund.

7.—(1) In this section “the Fund” means the Irish Church Temporalities Fund established under the Irish Church Act, 1869 .

(2) The Fund is hereby dissolved.

(3) Any rent charges in lieu of tithes, perpetuity rents or other periodic payments, subsisting on the 28th day of September, 1975, and payable to the Fund shall be deemed to have been extinguished on that day and any payments due and owing to the Fund on that day shall cease to be payable.

(4) Any sums standing to the credit of the Fund upon the commencement of this section and any sums that, but for subsection (2) of this section, would be paid into the Fund, shall be paid into, or disposed of, in accordance with the directions of the Minister for Finance, for the benefit of, the Exchequer.

(5) This section shall come into operation on the 1st day of January, 1985.