§ (1.) For the purpose of the distribution of, or other dealing with, an advance paid into the High Court under this Act, sections fifteen and sixteen of the Land Law (Ireland) Act, 1887, and any other unrepealed enactment in the Land Purchase Acts, or this Act, relating to the redemption or apportionment of charges on holdings or otherwise to the distribution of the purchase money of a holding, shall apply as if the High Court were the Land Commission and the money paid into that Court were the holding.
§ (2.) Where any annuity, rentcharge, or rent, ordered under the said sections to be redeemed is subject to any incumbrance as defined by the Land Law (Ireland) Act, 1887, the High Court shall have the same power in relation to that incumbrance under the said section fifteen as that Court would have if the incunbrance were charged upon the land sold.
§ (3.) For the purpose of an agreement respecting the redemption price of any annuity, rent-charge, or rent apportioned under the said section sixteen, the High Court may determine the parties by whom such agreement may be made or by whom the consent may be given for the determination of the price by the High Court.
§ (4.) The said sections as amended by this section shall apply to any contingent liability for any annuity, rent-charge, or rent, in like manner as they apply to the annuity, rent charge, or rent itself, and where any contingent liability has no appreciable value, the money may be distributed without regard to such liability.
925
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MR. KILBRIDE moved to add at the end of the clause the following new Subsection:—
(5.) "That the twentieth section of the Purchase of Land (Ireland) Act, 1891, be retrospective and apply to the reversion expectant on the termination of any lease.
§ THE ATTORNEY GENERAL FOR IRELANDsaid this Amendment could not be accepted in its present form.
§ MR. KILBRIDEWill the right hon. and learned Gentleman suggest what words should be inserted? [Cites of "No, no."]
§ Amendment, by leave, withdrawn.
§ Clause 26,—