[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]
	Statutes of Northern Ireland
You are here: BAILII >> Databases >> Statutes of Northern Ireland >> URL: http://www.bailii.org/nie/legis/num_act/travrai1930476.txt

[New search] [Help]

TITHE RENTCHARGE AND VARIABLE RENTS ACT (NORTHERN IRELAND) 1930

TITHE RENTCHARGE AND VARIABLE RENTS ACT (NORTHERN IRELAND) 1930 -
LONG TITLE

An Act to amend the law relating to tithe rentcharge and certain
variable rents.
[25th November 1930]
Amendment of s.3 of 1900 c.58 and s.90 of 1903 c.37.

TITHE RENTCHARGE AND VARIABLE RENTS ACT (NORTHERN IRELAND) 1930 -
SECT 1

1.(1) Where any tithe rentcharge or variable rent is payable to the
Ministry of Finance the sum payable in respect of every gale
thereof accruing due after the first day of November, nineteen
hundred and thirty, shall be deemed to be varied from the amount
at which it stood on the said day by being reduced by eight per
cent., and shall be payable accordingly; and no tithe rentcharge or
variable rent payable to the said Ministry shall be varied except
in accordance with this sub-section.

(2) Where any tithe rentcharge or variable rent is payable to some
person other than the Ministry of Finance, the sum payable in
respect thereof shall, if the person liable to pay the same and
the person to whom it is payable so agree, be deemed to be
varied, and shall be payable at the same amount, as if sub-section
(1) of this section applied thereto; and in default of any such
agreement the provisions of the Tithe Rentcharge (Ireland) Act, 1900,
shall apply to such tithe rentcharge or variable rent as if this
Act had not passed.[

TITHE RENTCHARGE AND VARIABLE RENTS ACT (NORTHERN IRELAND) 1930 -
SECT 2
Sale of tithe rentcharges and perpetuity rents.

2.(1) The Ministry of Finance may sell any perpetuity rent or tithe
rentcharge vested in it in consideration of a sum which will yield,
when invested in such securities issued in respect of any loan
raised by the Ministry or by the Treasury as the Ministry may
determine, such annual amount of interest as is approximately equal
to the annual amount of the perpetuity rent or tithe rentcharge, as
the case may be:

Provided that where the last-mentioned amount does not exceed [25p]
the consideration for the sale may be such sum as the Ministry may
think proper.

(2) The proceeds of any such sale shall be paid into the
Terminable Revenues Sinking Fund established under section one of the
Exchequer and Financial Provisions Act (Northern Ireland), 1946.]

TITHE RENTCHARGE AND VARIABLE RENTS ACT (NORTHERN IRELAND) 1930 -
SECT 3
Short title and interpretation.

3.(1) This Act may be cited as the Tithe Rentcharge and Variable
Rents Act (Northern Ireland), 1930.

(2) In this Act the expression "tithe rentcharge" means a tithe
rentcharge to which section three of the Tithe Rentcharge (Ireland)
Act, 1900, applies, or would but for this Act apply, and the
expression "variable rent" means any such variable rent as is
mentioned in section ninety of the Irish Land Act, 1903.

....