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JAN., 1909]

The Gazette of the Incorporated Law Society of Ireland.

77

I:

New Solicitor.

|

ADMISSION DUKING DECKMBER, 1908.

Name.

Watson, ArthurB.,

Served apprenticeship to

Robert Hayes, Dublin.

Irish Land Act, 1903.

COPIES of the following Memorandum by the

Council were upon the i4th December, 1908,

sent to the Chief Secretary for Ireland, the

Irish Law Officers, Mr. Justice Wylie,

the

Estates Commissioners,

and Mr. T. W.

Russell, M.P.

INCORPORATED LAW SOCIETY OF IRELAND.

Memorandum as to percentage payable under the

Land Act, \

903,

on pending sales.

THIS Council have had under consideration

the Irish Land Bill of 1908, but postponed to

a later date the making- of any suggestions

with

a view

to

facilitating purchase pro

ceedings in accordance with

the intentions

of the Bill.

As, however, it now seems clear that no new

legislation can be expected for some time, the

Council submit it is of the highest importance

that steps should be taken at once by the

Government to enable vendors and purchasers

to know definitely what percentage by way of

bonus will be paid on the purchase-money of

estates proceedings for sale of which were

initiated on or prior to the 24th November,

1908, being the date of the

Dublin Gazette

containing notice of the Treasury Regulations.

This is especially necessary in the case of:—

(<z) Estates in respect of which the Estates

Commissioners have published Notices in the

Gazette

under the Evicted Tenants Act, 1907.

(b]

Estates in respect of which Originating

Requests for sale to the Estates Commissioners

under section 6 of the Land Act, 1903, were

lodged, or in respect of which Requests under

section 7 were issued on, or prior to, 24th

November, 1908.

(f) Estates in respect of which preliminary

inspections havj; been made, and prices named

by the Estates Commissioners on, or prior to,

24th November, 1908.

(if)

Estates in respect of which some, but

not all, of the purchase agreements were

lodged on, or prior to, 241!! November, 1908.

In all these cases the understanding in the

minds of the parties, and the basis on which

negotiations were carried on, was that a Bonus

of 12 per cent, would be payable on

the

purchase-money.

As, however, in many of these cases no final

"Agreement" was entered into on or prior to

the 24th November, 1908, doubts have arisen as

to whether such vendors may only be entitled

to the revised percentage.

The Council accordingly submit that, with

a view to removing the foregoing difficulties

and doubts, provision should immediately be

made by Treasury Notice in the Gazette or

otherwise, that the percentage, payable under

section 48 of the Irish Land Act, 1903, shall be

calculated at the rate of 12 per cent, on the

amount of the purchase-money advanced under

the Land Purchase Act in respect of: —

(a) Estates in respect of which any steps

were taken by the Estates Commissioners under

the Evicted Tenants Act, 1907, on or prior to

24th November, 1908.

(V)

Estates in respect of which Originating

Requests were lodged with the Land Com

mission, or in respect of which Requests under

section 7 were issued on, or prior to, the

24th day of November, 1908.

(f) Estates in respect of which the Estates

Commissioners have made preliminary in

spections, and have estimated prices at which

they are prepared to purchase such Estates.

(d)

Estates in respect of which some, but

not all, of the Purchase Agreements were

lodged on, or prior to, 24th November, 1908.

(<?) Purchase Agreements lodged after the

24th November, 1908, in substitution for, or in

modification of, Purchase Agreements under

the Irish Land Act, 1903, lodged on or before

the 24th day of November, 1908.

Solicitors' Buildings, Four Courts,

Dublin,

December \\th,

1908.

The following reply has been received from

the Right Hon. the Chief Secretary for Ireland.

" Irish Office, 18 Old Queen St., London, S.W.

" 15

th December,

1908.

" Sir,

" I am desired by the Chief Secretary to

"acknowledge the receipt of your letter of the

" I4th instant, with enclosed Memorandum on

"the subject of the pending Irish Land Bill,

"and to add that the matter will receive Mr.