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Redemption of annuities.
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3.—An annuity at any time outstanding, may, if the council of a county entitled to receive the annuity think fit, be redeemed by the person liable to pay the annuity by payment to the council of such amount as may be approved by the Minister, and the premises, which but for this subsection would be subject to and charged with the payment of the annuity, shall, on receipt by the council of the amount so approved, stand freed and discharged from the payment of the annuity.
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