Land Act, 1936

Land bonds over-issued or under-issued for compounded arrears of rent.

10.—The provisions of sub-section (3) of section 13 and of paragraphs (c) and (d) of sub-section (2) of section 15 of the Land Act, 1931 , and the provisions of sections 18, 19, and 20 of that Act (as amended by this Act) shall apply and have effect and be deemed always to have applied and had effect in relation to the portion of a purchase annuity which is payable in respect of sums added to the purchase money for compounded arrears of rent in like manner as they apply and have effect in relation to the residue of such purchase annuity, and the appropriate guarantee deposit retained under section 21 of the Land Act, 1931 , shall be available in relation to the said portion of such purchase annuity accordingly.