The Gazette 1909-10

The Gazette of the Incorporated Law Society of Ireland.

[MARCH, 1910

belongs, and the case of such Vendor shall

forthwith be removed from the Principal

Provided always that no applicant

shall be entitled to be placed on this Subsi

diary Register (Part Money, Part Stock)

unless he has agreed to take at least one

moiety of his advance in Stock.

In all cases in which, after the date of the

publication of such notice, and on or before

the 1st of April following, applications are

made by or on behalf of Vendors, that the

advances in their cases shall be made wholly

by means of Guaranteed 2f per cent. Stock,

the Estates Commissioners shall, save as

hereinafter mentioned, forthwith cause all

such cases to be entered on the Subsidiary

of cases to which applicant's case belongs,

and the case of such applicant shall there

upon be removed from the Principal Register.

Cases shall be entered on the Subsidiary

Registers for the year commencing 1st April,

1910, in the relative order of priority of such

cases according to the Principal Register from

which they have been respectively removed.

Cases entered on the Subsidiary Registers

for all subsequent years shall be entered in

the same relative order of priority, save that

cases entered on a Subsidiary Register for

any year, but not reached during that year,

shall be entitled to keep their places on such

Subsidiary Register for

the ensuing and

following years in their former priority, and

in priority to all other cases which may be

placed on such Subsidiary Register for the

first time.

The Estates Commissioners may at any

time, on the application by or on behalf of a

Vendor transfer the case to the principal

Subsidiary Register to another, and in such

case, the case so transferred shall be entered

on such Principal or Subsidiary Register and

take priority on the Register to which it is

transferred as of the date of transfer.

Sales on each Principal and Subsidiary

having regard to the amount of money and

Stock available in each case be proceeded

with as between the several Registers

pari

passu,

and as between the cases entered on

each Register respectively be proceeded with

and the advances sanctioned respectively in

the order of priority of that Register,

Provided always that the Estates Commis-

sioners and the Congested Districts Board

shall take into consideration any default or

delay on the part of Vendors and Tenant

Purchasers in the discharge of the require

ments of the Commissioners, or of any duty

imposed on them, so as not to permit the

same to retard the progress of proceedings or

the making of advances in the cases of other

Vendors and Tenant Purchasers.

In case it appears that the amount allocated

as hereinbefore mentioned for each of the

Subsidiary Registers entitled (Part Money,

Part Stock) will not be required for the

purpose of such Register, than the amount

so allocated and not required may be utilised

for carrying out sales on

the Principal

money has been so allocated and is not so

required.

In case it appears at any time during any

current year that the amount allocated for

any class of cases is greater than is required

for that class, then the amount so allocated

and not so required may be utilised for such

other class of sales as the Lord Lieutenant

may direct.

Future Sales when Advances are made in

Per Cent. Stock.

Future Sales, under Sections 1-5 of the

Irish Land Act, 1903, as amended by the

Irish Land Act, 1909, which, under the

provisions of the Irish Land Act, 1909, are

to be financed as future Purchase Agreements,

shall be proceeded with,

and advances

sanctioned, so far as practicable in the order

of priority in which

the Agreements

Purchase were lodged in the office of the

Estates Commissioners.

Sales of estates proposed to be sold to the

Estates Commissioners under the provisions

of Sections VI., VII., and VIII. of the Irish

Land Act, 1903, as amended by the Irish

Land Act, 1909, other than those herein

before provided for shall, so far as practicable,

be carried out by the Estates Commissioners

in the order of priority as of the earliest date

on which

(a)

an Originating Request has been

lodged in manner provided by Rules,

(b)

the Vendor has accepted a preliminary

estimate of price made by the Land

Commission, or