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IRISH LAND ACT 1909 IRISH LAND ACT 1909 - LONG TITLE An Act to amend the Law relating to the Occupation and Ownership of Land in Ireland, and for other purposes relating thereto.{1} [3rd December 1909] PART I IRISH LAND ACT 1909 - SECT 1 1.(1) In the case of advances made in pursuance of future purchase agreements, three pounds ten shillings shall be substituted for three pounds five shillings as the rate of the purchase annuity under section forty-five of the Irish Land Act, 1903 (in this Act referred to as the Act of 1903). (2) So far as respects advances made for future purchase agreements, the rate of interest to be paid by the Land Commission to the National Debt Commissioners under section thirty-six of the Act of 1903, shall be three per cent. per annum, instead of two-and-three-quarters per cent. per annum. (3) The National Debt Commissioners shall, in the accounts kept by them of the Irish Land Purchase Fund, distinguish between advances made in pursuance of pending purchase agreements and advances made in pursuance of future purchase agreements. IRISH LAND ACT 1909 - SECT 2 Power to raise new guaranteed three per cent. stock, and provision as to investment by savings bank depositors in stock. 2.(1) The power of the Treasury to create stock for the purpose of raising money required for the Irish Land Purchase Fund (including the Land Purchase Aid Fund) shall include power to create a new capital stock to be called guaranteed three per cent. stock, and the Treasury may at any time create for that purpose either guaranteed two-and-three-quarters per cent. stock or guaranteed three per cent. stock, as they think fit. (2) The provisions of the Act of 1903 relating to stock shall apply to guaranteed three per cent. stock created under this section as they apply to the guaranteed two-and-three-quarters per cent. stock created under that Act, with the substitution of three per cent. for two-and-three-quarters per cent. as the rate of dividend, and of thirty years from the passing of this Act for thirty years from the commencement of the Act of 1903 as the period after the expiration of which the stock is redeemable. Subs.(3) rep. by 1958 c.6 s.17 sch. Ss.36 rep. by SLR 1927; SLR 1950 IRISH LAND ACT 1909 - SECT 7 Provision as to making good deficiency in respect of stock issued. 7.(1) The charge on the Guarantee Fund for any deficiency in respect of the issue of stock or bills or bonds at a discount shall extend only to the amount of the Ireland Development Grant which forms part of the cash portion of that fund; and the deficiency, so far as is not made good out of that amount, shall be made good out of moneys provided by Parliament. (2) Any deficiency in respect of interest or sinking fund, arising by reason of money being raised by means of three per cent. stock for the purpose of advances in respect of which interest is payable by the Land Commission to the National Debt Commissioners at the rate of two-and-three-quarters per cent. only, shall be made good in the same manner as a deficiency arising in respect of the issue of stock at a discount is to be made good under subsection (6) of section thirty-six of the Act of 1903, as amended by this section. IRISH LAND ACT 1909 - SECT 8 Bonus dividend to be treated as expenses of issue of stock. 8.(1) Where stock is created for the purposes of the Land Purchase Acts, and issued under conditions which provide that the money to be raised thereby shall be paid up by instalments, dividends may be paid on the total nominal amount of the stock from any date fixed at the time of issue, although the instalments, or some or one of them, may not have been payable until after that date; and, if the amount so paid by way of dividend exceeds the sum which would have been payable on the portion of the stock representing the money actually paid up, the difference shall be treated as part of the expenses of the issue of the stock. (2) This section shall apply to any stock created and issued since the first day of July nineteen hundred and eight, as well as to stock issued after the passing of this Act. IRISH LAND ACT 1909 - SECT 9 Advance dividend. 9.Subs.(1) rep. by SLR 1950 (2) The interest payable shall be at the rate at which the Land Commission pay interest to the National Debt Commissioners in respect of the advance, and shall be recoverable as if it were part of the purchase annuity. IRISH LAND ACT 1909 - SECT 10 Remission of stamp duty. 10.Subs.(1)(2) rep. by SLR (NI) 1954 (3) The exemption from stamp duty under section fifty of the Act of 1903 shall extend to any instruments the stamp duty on which is payable as expenses of the Land Commission in the same manner as it applies to the instruments mentioned in that section. IRISH LAND ACT 1909 - SECT 11 Repayment of advances under Labourers (Ireland) Act 1906. 11.(1) Advances made under section sixteen of the Labourers (Ireland) Act, 1906 (which are by virtue of that section repayable in like manner as advances under the Land Purchase Acts), shall, whether made before or after the passing of this Act, be repayable in like manner as advances made in pursuance of pending purchase agreements, and, as respects all such advances, the rate of interest paid by the Land Commission to the National Debt Commissioners shall be two-and-three-quarters per cent. per annum. Subs.(2) rep. by SLR 1950 S.12 rep. by SLR 1950 IRISH LAND ACT 1909 - SECT 13 Interpretation. 13. In this Part of this Act, unless the context otherwise requires, (a)The expression "pending purchase agreements" means agreements lodged with the Land Commission on or before the fifteenth day of Setember nineteen hundred and nine, or entered into on or before that date by or with the Land Commission or the Land Judge; (b)The expression "future purchase agreements" means agreements lodged with the Land Commission or the Land Judge after that date: Provided that purchase agreements entered into at any time on the re-sale by the Land Commission (i)of land purchased or agreed to be purchased by them on or before the fifteenth day of Setember nineteen hundred and nine; or (ii)of land being land in respect of which, or comprised in an estate in respect of which, a purchase agreement, though not actually entered into on or before the twenty-fourth day of November nineteen hundred and eight, is deemed for the purposes of the provisions of this Part of this Act relating to the percentage payable under the Act of 1903, to have been entered into on or before that date; (b)shall be treated for the purposes of this Part of this Act as pending purchase agreements and not as future purchase agreements; Para.(c) rep. by SLR (NI) 1954 (d)The expression "prescribed" means prescribed by the Treasury. IRISH LAND ACT 1909 - SECT 14 Power to make rules. 14.The power of making rules conferred on the Treasury by the Land Purchase Acts shall extend to the making of rules for carrying the provisions of this Part of this Act into effect, and for adapting to the requirements of this Act such provisions of the Land Purchase Acts or any other enactment passed prior to this Act as relate to land purchase finance. Ss.1517 rep. by SLR 1927; SLR 1950 IRISH LAND ACT 1909 - SECT 18 Trustees for the purposes of turbary, pasture, &c. 18.Subs.(1) rep. by SLR 1950 (2) Where any land is purchased by the said Department or a county council or rural district council under this section, the scheme for the user of the land mentioned in section twenty of the Act of 1903 shall be framed or approved of by the Department and the requirements of that section with regard to the framing or approval of the scheme by the Lord Lieutenant shall not apply. (3) Where land is purchased by a county council or rural district council under this section, the amounts required for payment of the instalments of the purchase annuity shall be raised in the case of the county council as a county at large charge, and in the case of the rural district council as a district charge. Subs.(4) rep. by SLR 1950 Ss.1924 rep. by SLR 1927; SLR 1950. Ss.2629 rep. by SLR 1927; SLR 1950 IRISH LAND ACT 1909 - SECT 30 Expenses of improvements by Land Commission on land sold by landlord to tenant. 30.(1) Where the Land Commission deem it expedient to expend any money on the improvement of a holding sold or agreed to be sold by a landlord to a tenant, they may, in accordance with regulations to be made by the Treasury, enter into an agreement with the tenant for the repayment of the money so expended in the same manner as if such money was advanced under the Land Purchase Acts for the purchase of the holding, and the said money shall be repaid by an additional annuity accordingly. (2) So far as circumstances admit the additional annuity shall, in accordance with regulations to be made by the Treasury, be consolidated and made payable with the purchase annuity. (3) Regulations made by the Treasury may provide that, where the repayment of any money expended by the Land Commission is secured by an additional annuity under this section, the National Debt Commissioners may advance to the Land Commission the said money for repayment to the reserve fund if that fund has not been exhausted, and, if that fund has been exhausted, for repayment to the Exchequer. S.31 rep. by SLR 1950 IRISH LAND ACT 1909 - SECT 32 Amendment of 1903 c.37 s.54. 32.(1) As between the Land Commission and the proprietor for the time being of any holding for the purchase of which the Land Commission have, after the passing of this Act, made any advance under the Land Purchase Acts, the following conditions shall be imposed in addition to the conditions mentioned in section fifty-four of the Act of 1903, namely (a)The proprietor shall not without the consent of the Land Commission acquire by purchase any other holding for the purchase of which an advance has been made under the Land Purchase Acts if the amount of that advance then outstanding, when added to the amount of the advance or advances made in respect of the holding or holdings then held by the proprietor, would exceed the sum of seven thousand pounds, and, if any proprietor acquires any holding in violation of this condition, the Land Commission may cause that holding to be sold: Para.(b) rep. by 1953 c.2 (NI) s.21 sch. Subs.(2) rep. by 1953 c.2 (NI) s.21 sch. (3) Subsection (2) and subsection (3) of section thirty of the Act of 1881, as amended by any enactment, shall apply to any sale by the Land Commission under this section. (4) When the whole of the advance made for the purchase of a holding under the Land Purchase Acts has been repaid, the conditions imposed by this section, or by section fifty-four of the Act of 1903, shall cease to have effect as regards the holding or the proprietor thereof. IRISH LAND ACT 1909 - SECT 33 Application of 1903 c.37 s.67(3) 33. Subsection (3) of section sixty-seven of the Act of 1903 shall not apply to any land or holding subject to a purchase annuity unless the Land Commission deem it expedient, having regard to the situation, size, and character of such land or holding, to apply the provisions of the said subsection thereto. IRISH LAND ACT 1909 - SECT 34 Recovery of interest. 34. The Land Commission, where interest on the purchase money of any holding is payable to them, shall have for the recovery of such interest the same remedies as they have for the recovery of unpaid instalments of a purchase annuity. Ss.35, 36 rep. by SLR 1950. S.37 rep. with saving by 1959 c.17 (NI) s.23 sch.4 IRISH LAND ACT 1909 - SECT 38 Powers of investment. 38.(1) Where any land purchased by means of an advance under the Land Purchase Acts is settled land within the meaning of the Settled Land Acts, 1883 to 1890, the trustees of the settlement may, on the request of the tenant for life, notwithstanding anything in the settlement to the contrary, invest the purchase money, or any part thereof, in the following manner (that is to say): (a)With the sanction of the Public Trustee (i)in any of the public stocks or funds or Government securities of any foreign government or state; or (ii)in mortgages, bonds, debentures, or debenture stock charged upon the undertaking of any railway company in the United States of America, Mexico, the Argentine Republic, or Canada, which has, during each of the five years last past before the date of investment, paid a dividend on its preference stock (if any) or its ordinary stock; (b)and without such sanction (i)in the mortgages, bonds, debentures, or debenture stock of any railway company in the United Kingdom incorporated by special Act of Parliament which has, during each of the five years last past before the date of investment, paid a dividend on its preference stock (if any) or its ordinary stock, or in the preference stock of any such railway company which has, during a like period, paid a dividend on its ordinary stock; (ii)in the stocks or shares of any tramway or light railway, dividends upon which are guranteed under the Tramways (Ireland) Acts, 1860 to 1900; or <(iii)in the stock, mortgages, bonds, debentures, or debenture stock issued or to be issued by the council of any county or urban district in the United Kingdom under the authority of any Act or Provisional Order; (2) The Public Trustee, in any case in which his sanction is required for an investment under this section, shall, before sanctioning the investment, satisfy himself that there is a reasonable probability that the investment will, if realised on the death of the tenant for life or the termination of the trust, produce an amount not less than the sum invested; and the Public Trustee shall not incur any liability on account of any sanction given or withheld by him in good faith. (3) The powers of investment conferred upon trustees by this section shall be in addition to any powers of investment conferred on them by the terms of the settlement or by Act of Parliament, and such last-mentioned powers may be exercised notwithstanding anything to the contrary in the settlement. (4) A trustee shall not incur any liability by reason of any investment made by him in exercise of the powers conferred by this section. Subs.(5) rep. by SLR 1927 IRISH LAND ACT 1909 - SECT 39 Examiners of title. 39. A barrister-at-law or solicitor shall not be deemed to have retired from practice by reason of his having been temporarily appointed and having acted as an examiner of the Land Commission under the provisions of the Land Purchase Acts. S.40 rep. by SLR 1950 IRISH LAND ACT 1909 - SECT 41 Presumption of release of unpaid rent in certain cases. 41.(1) Where any land sold under the Land Purchase Acts is subject to any rent reserved under a lease, and no payment on foot of such rent has been made for a period of forty years prior to such sale, such rent shall, for the purposes of such sale and the distribution of the purchase money, be deemed to have been released. (2) Where portions of any such rent have become vested in different owners, this section shall apply to any portion of such rent as if it was a separate rent. Ss.42, 43 rep. by SLR 1950 Part IV (ss.6164), Part V (s.65) rep. by SLR 1950 Definitions. IRISH LAND ACT 1909 - SECT 66 66. In this Act, unless the context otherwise requires, Definition rep. by SLR (NI) 1954 The expression "the Land Purchase Acts" includes the Land Purchase Acts as defined by the Act of 1896 and the Act of 1903, the Irish Land Act, 1907, and Parts I, II, ... of this Act; The expression "the Land Law Acts" means the Land Law Acts as defined by the Act of 1903... The expression "the Act of 1881" means the Land Law (Ireland) Act, 1881, Definitions rep. by SLR (NI) 1954 The expression "the Act of 1903" means the Irish Land Act, 1903; Definitions rep. by SLR (NI) 1954 S.67 rep. by SLR 1927 IRISH LAND ACT 1909 - SECT 68 Construction. 68. Parts I, II, ... of this Act shall be construed as one with the Land Purchase Acts, and may be cited with those Acts. .... Short title. IRISH LAND ACT 1909 - SECT 69 69. This Act may be cited as the Irish Land Act, 1909. S.70 rep. by SLR 1927 First Schedule rep. by SLR 1950. Second Schedule rep. by SLR 1927