Land Act, 1927

Provisions as to consolidated annuities.

6.—Where either before or after the passing of this Act two or more holdings subject to purchase annuities, or a holding subject to a purchase annuity and part of a holding, or part of demesne or other land for which an advance has been made to the owner for the purchase thereof, charged with a portion of another purchase annuity, have been, or shall be, deemed to be one holding (in this section called the consolidated holding) the consolidated annuity payable thereout in lieu of the several annuities or portions of annuities formerly payable, shall be deemed to have been and shall be charged on and recoverable out of the consolidated holding in the same manner and in the same priority as the several annuities or portions of annuities were charged on and recoverable out of the several parts of the consolidated holding on which they were originally charged.