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Northern Ireland Land Act 1929

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6Provisions as to tenants on certain purchased holdings.

(1)A continuing sub-tenant within the meaning of this section may, in the prescribed manner and within the prescribed time, apply to the Commission to fix an appointed day for his holding, and if the Commission are satisfied that Part II of the Act of 1925 would have applied to the holding but for the fact that it consists of land which was, before the first day of November, nineteen hundred and three, purchased under the Land Purchase Acts, they shall fix an appointed day accordingly, and Part II of the Act of 1925 shall apply to the holding subject to the following provisions :—

(a)the holding of the continuing sub-tenant shall be treated as a separate holding, the continuing sub-tenant shall be treated as the tenant of the holding, and the person by whom the land was purchased as aforesaid or his successor in title shall be treated as the vendor;

(b)the Commission shall apportion the annuity which is chargeable under the Land Purchase Acts upon the holding, of which the continuing sub-tenant's holding forms a part, between the first-mentioned holding and the continuing subtenant's holding, and the continuing sub-tenant's holding shall be discharged from so much of the annuity as is apportioned thereto;

(c)the standard purchase annuity for the purposes of section nine of the Act of 1925 shall be an amount equal to the rent of the continuing sub-tenant's holding;

(d)no bonus as defined by section four of the Act of 1925 shall be payable to the vendor;

(e)the purchase money shall be applied in redemption of the part of the original annuity apportioned to the continuing sub-tenant's holding, and the balance shall be dealt with as the purchase price of the holding.

(2)In this section the expression " continuing subtenant " means a person who is the tenant of land which has been in the occupation of that person or his predecessors in title by virtue of a sub-tenancy created before the first day of November, nineteen hundred and three, and the land which is the subject of such sub-tenancy is in this section referred to as the holding of such continuing sub-tenant.

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