Land Act, 1931
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Date of conversion into personal state. |
32.—(1) Land of freehold tenure which has vested or shall hereafter vest, under the Land Act, 1923 , or any Act amending or extending that Act, in the Land Commission on the appointed day (whether such day is prior or subsequent to the passing of this Act) shall, for the purpose of determining the destination thereof or of the purchase-money thereof under any disposition whenever made or on any death whenever occurring, be deemed to become and be or, in the case of any such land which so vested in the Land Commission before the passing of this Act, to have become and been converted into personal estate on whichever of the following is the later, that is to say:— | |
(a) the appointed day, or | ||
(b) the making of the order or the publication of the list by or in which the appointed day is fixed. | ||
(2) Every superior interest of freehold tenure in land of any tenure which has vested or shall hereafter vest, under the Land Act, 1923 , or any Act amending or extending that Act, in the Land Commission on the appointed day (whether such day is prior or subsequent to the passing of this Act) shall, to the extent to which such superior interest is redeemed under the Land Purchase Acts and for the purpose of determining the destination of such superior interest or of the redemption money thereof or of any part thereof under any disposition whenever made or any death whenever occurring, be deemed to become and be or, in the case of any such superior interest in land which so vested in the Land Commission before the passing of this Act, to have become and been converted into personal estate on the appointed day. |