§ CAPTAIN CRAIG (Down, E.)
To ask the Chief Secretary to the Lord-Lieutenant of Ireland whether, in order to facilitate sales under the Land Act of 1903, it is permissible to add the current year's rent or any part of it to the purchase price, although the bonus may not be paid on such current rent or part thereof; and, if so, will such rent, on allocation, in case of a settled estate be paid to the tenant for life.
(Answered by Mr. Bryce.) The purchase price to be paid is a matter for agreement between vendor and purchaser. Under Section 48, Sub-sections (1) and (2), of the Act of 1903, the bonus is to be calculated on the amount of the purchase money advanced under the Land Purchase Acts. The Answer to the last part of the Question is contained in Section 24 (8) of the Act.