HC Deb 24 November 1908 vol 197 cc128-9
MR. WILLIAM REDMOND (Clare, E.)

I beg to ask the Chief Secretary to the Lord-Lieutenant of Ireland if he is aware that the tenants on the Martyn estate, County Clare, are still paying 3½ per cent. on the purchase money, although this money was paid over to the vendor since 1906; and if he can state why the tenants are asked still to pay more than the 3¼ per cent. arranged for under the purchase agreement.

MR. BIRRELL

The Estates Commissioners inform me that this estate was purchased by them for purposes of resale, and they hope to vest the holdings in the purchasing tenants at an early date. The purchase money was advanced to the vendor in 1907. Until the holdings are vested in the tenants, they are liable for interest in lieu of rent at 3½ per cent., in accordance with the terms of their purchase agreements, and the provisions of Section 18 (1) of the Act.