Part VII Miscellaneous and Supplemental

89 Power of limited owners to apply capital for improvements.

(1)

Where under powers conferred by the M1Settled Land Act 1925 F1. . . capital money is applied in or about the execution of any improvement specified in Schedule 7 to this Act no provision shall be made for requiring the money or any part of it to be replaced out of income, and accordingly any such improvement shall be deemed to be an improvement authorised by Part I of Schedule 3 to the Settled Land Act 1925.

F2(2)

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