Land Act, 1923

PART III.—THE NATIONAL LAND BANK, LIMITED.

Application of this Part of the Act.

48.—The provisions of Part II. of this Act shall not, save as provided in this Part of this Act, apply to any lands which have been purchased by a co-operative farming society (in this Part of this Act called a Society), or by a body of trustees, by means of advances made by the National Land Bank, Limited (in this Part of this Act called the Bank), and which, at the date of the passing of this Act, are subject to a charge for repayment of such advances, or any part thereof.