Agricultural Credit Act, 1929

Priority charges by limited owner and remainderman under Amending Act of 1928.


(a) a person is registered in a register of freeholders maintained under the Act of 1891 as limited owner of land, and

(b) such registration is subject to a note as to equities within the meaning of the Amending Act of 1928, and

(c) such person and the person or all the persons entitled to such land for an estate or estates in remainder or expectancy after or in defeasance of the estate of such first-mentioned person join in charging such land in favour of the Corporation with payment of a principal sum not exceeding four hundred pounds, and

(d) the provisions of paragraphs (d) and (e) of sub-section (1) of section 2 of the Amending Act of 1928 are complied with,

then the Amending Act of 1928 shall apply in respect of such charge as fully as if such charge had been made by a person registered in the said register of freeholders as full owner of such land.