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(1)In section 68 of the [1871 c. 22.] Lunacy Regulation (Ireland) Act 1871 (under which, where the property of a lunatic does not exceed £10,000 in value or the income thereof £500 per annum, an order may be made protecting the property or income or applying it for his benefit without an inquiry under a commission of lunacy) for " ten thousand pounds " and " five hundred pounds" there shall be substituted " £20,000 " and " £2,000 " respectively.
(2)The said section 68 shall be renumbered so as to become subsection (1).
(3)The following subsections shall be inserted after it:—
“(2)If it appears to Her Majesty in Council that a sum for the time being specified in subsection (1) above should be increased, Her Majesty may by Order in Council substitute for that sum such larger sum as may be specified in the Order.
(3)The power to make an Order under subsection (2) above includes power to vary or revoke a previous Order.
(4)An Order in Council made under subsection (2) above shall be subject to annulment in pursuance of a resolution of either House of Parliament.”.
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