§ (1) Where by reason of the death of the purchaser or the transmission of the purchaser's interest in a holding, or in pursuance of a declaration of the Land Commission under section fifteen of the Act of 1903 with respect to a sub-tenancy or a subdivided holding, a fresh purchase agreement is entered into in substitution for an original purchase agreement previously made, any such fresh agreement shall, for the purposes of this Part of this Act, be deemed to be substituted for the original agreement, and, whenever lodged with the Land Commission, to have been lodged with the Land Commission at the date on which the original agreement was so lodged.
§ (2) Where a vendor at the request of the Land Commission enters into an agreement with the Land Commission or the Congested Districts Board for the sale to them of an estate consisting of or including lands, which he has proposed to sell to persons other than that Commission or Board and in respect of which purchase agreements have been lodged with the Land Commission on or before the twenty-fourth day of November, nineteen hundred and eight, the percentage payable on the purchase money of the estate, or on that portion thereof which represents the purchase money of those lands (in the case of an estate comprising other lands) shall, so far as the purchase money or the portion of the purchase money is not in excess of the aggregate of the purchase money fixed by the original agreements be calculated in the like manner and the purchase annuities payable on the resale of those lands shall be 1539 payable at the like rate as if the agreement for the sale of the estate had been entered into on or before the twenty-fourth day of November, nineteen hundred and eight.
§ Clause agreed to.