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The holder of a claim holding shall, subject to the provisions of this Part of this Act, be entitled by virtue of this section to a payment in respect of the holding under Case A, Case B or Case C, notwithstanding that apart from this section he would not be entitled to a payment thereunder, if he—
(a)derives title to the claim holding from a person who would have been entitled to such a payment as aforesaid if that person had continued to be the holder of the claim holding ; and
(b)became entitled to the claim holding—
(i)otherwise than for valuable consideration ; or
(ii)as mortgagee; or
(iii)as assignee under an assignment made on or after the eighteenth day of November, nineteen hundred and fifty-two, which has been approved by the Central Land Board under subsection (2) of section two of the Act of 1953 ; and
(c)has not at any time been entitled in the same capacity both to the claim holding and to the interest in land to which the holding related ; and
(d)is not entitled to a payment in respect of the holding under Case D.
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