Land Act, 1927

Recovery of debts due by or to societies or bodies of Trustees.

44.—(1) The vesting of lands in the Land Commission under Part III. of the Land Act, 1923 , shall have and shall be deemed always to have had the effect of vesting in them the right to recover as a debt due to the State and receive any debt or other thing in action due or belonging to the society or body of trustees in respect of the lands so vested.

(2) It shall be the duty of every society or body of trustees when so required by the Land Commission to furnish an account of all debts and things in action due or belonging to them and of all sums received by them in respect of purchase money, deposit, rent, interest, the annual sums payable under section 54 of the Land Act, 1923 , or other contributions towards the purchase or management of lands so vested in the Land Commission and it shall also be the duty of every person who has received any money on behalf of a society or body of trustees or any other persons in relation to lands so vested, when so required by the Land Commission to furnish an account of all moneys so received by him.

(3) All moneys found to have been so received by any society or body of trustees or other persons, and not properly accounted for, shall be recoverable by the Land Commission as a debt due to the State.