|
Expenses of improvement in case of land sold to evicted tenant by owner of estate.
|
17.—(1) Regulations made by the Treasury may provide that where the Land Commission have expended money on the improvement of a parcel of land sold by the owner of an estate to a person mentioned in subhead (d) of subsection (1) of section two of the Act of 1903, and the value of the said parcel has in consequence been increased, the National Debt Commissioners may advance to the Land Commission for repayment to the reserve fund, mentioned in section forty-three of the Act of 1903, such sum as represents the increase of value consequent on the improvement, and such advance shall be repaid by the tenant purchaser as if it were an advance made under the Land Purchase Acts for the purchase of the said parcel.
|