Irish Land Act 1903

27Substitution of cash payments for guaranteed land stock

Advances for the purposes of the Land Purchase Acts shall, in the case of agreements entered into after the passing of this Act, be made by means of money and not by means of guaranteed land stock; and any sums required for those purposes shall be issued out of a special fund, to be under the control of the National Debt Commissioners, and to be called the Irish Land Purchase Fund."