Purchase of Land (Ireland) Act, 1885

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Power to sell subject to annuity.

44 & 45 Vict. c. 49.

15. [¹] Any sale of a holding by the Land Commission under the thirtieth section of the Land Law (Ireland) Act, 1881, or under any power of sale, may, notwithstanding anything contained in that section, be made subject to the future payment of the annuity payable in respect of such holding, and in that case no part of the proceeds of such sale shall be applied in redemption of the said annuity; but, save as aforesaid, such proceeds shall be applied in the manner provided by that section.

[¹ This section, as amended by 59 & 60 Vict. c. 47., extends to a sale of a holding by the Land Commission as successors to the Commissioners of Church Temporalities in Ireland. See s. 38 (2) of that Act.]