Number 25 of 1983

BUILDING SOCIETIES (AMENDMENT) ACT, 1983

ARRANGEMENT OF SECTIONS

Number 25 of 1983

BUILDING SOCIETIES (AMENDMENT) ACT, 1983

Amendment of section 80 of Building Societies Act, 1976.

1.—(1) In section 80 of the Building Societies Act, 1976, “prior mortgage”, notwithstanding section 2 of that Act, does not include, and shall be deemed never to have included—

(a) a charge on land to secure payment of the whole or part of a conventional rent, a fee farm rent or a crown rent, or

(b) a charge on land held under a lease or a fee farm grant to secure payment of moneys which, in the event of the breach, non-performance or non-observance of a covenant or condition contained in the lease or the fee farm grant, as the case may be, or in an assignment or other conveyance of the whole or part of the lessee's interest under the lease or the grantee's interest under the fee farm grant, as the case may be, become payable out of the land.

(2) In this section—

“conventional rent” has the meaning assigned to it by the Statute of Limitations, 1957;

“crown rent” means any periodic payment which was, immediately before the 6th day of December, 1922, collectable under the Crown Lands Acts, 1829 to 1913, being—

(a) a crown rent,

(b) a quit rent,

(c) a composition rent, or

(d) any other rent charge;

“fee farm rent” means a rent payable under a fee farm grant whether the fee farm grant does or does not create the relationship of landlord and tenant.

Short title, collective citation and construction.

2.—(1) This Act may be cited as the Building Societies (Amendment) Act, 1983.

(2) The Building Societies Acts, 1976 and 1980, and this Act may be cited together as the Building Societies Acts, 1976 to 1983, and shall be construed together as one.

Uimhir 25 de 1983

AN tACHT CUMANN FOIRGNÍOCHTA (LEASÚ), 1983

[An tiontú oifigiúil]

Leasú ar alt 80 den Acht Cumann Foirgníochta, 1976.

1.—(1) In alt 80 den Acht Cumann Foirgníochta, 1976, ní fholaíonn “morgáiste tosaíochta” agus measfar nár fholaigh sé riamh, d'ainneoin alt 2 den Acht sin—

(a) muirear ar thalamh á urrú go n-íocfar an t-iomlán nó cuid de chíos coinbhinsiúin, de chíos feofheirme nó de choróinchíos, nó

(b) muirear ar thalamh atá ar teachtadh faoi léas nó faoi dheontas feofheirme á urrú go n-íocfar airgead a thiocfaidh chun bheith iníoctha as an talamh i gcás ina sárófar nó nach gcomhlíonfar nó nach n-urramófar cúnant nó coinníoll sa léas nó sa deontas feofheirme, de réir mar a bheidh, nó i sannadh nó i dtíolacadh éigin eile ar an iomlán nó ar chuid de leas an léasaí faoin léas nó de leas an deontaí faoin deontas feofheirme, de réir mar a bheidh.

(2) San alt seo—

tá le “cíos coinbhinsiúin” an bhrí a shanntar dó le Reacht na dTréimhsí, 1957;

ciallaíonn “coróin-chíos” aon íocaíocht thréimhsiúil a bhí, díreach roimh an 6ú lá de Nollaig, 1922, inbhailithe faoi na Crown Lands Acts, 1829 go 1913, arb é a bhí inti—

(a) coróin-chíos,

(b) cíos cúiteach,

(c) cíos iomalairte,

(d) aon mhuirear cíosa eile;

ciallaíonn “cíos feofheirme” cíos is iníoctha faoi dheontas feofheirme cibé acu a bhunaíonn nó nach mbunaíonn an deontas feofheirme comhbhainteachas tiarna talún agus tionónta.

Gearrtheideal, comhlua agus forléiriú.

2.—(1) Féadfar an tAcht Cumann Foirgníochta (Leasú), 1983 a ghairm den Acht seo.

(2) Féadfar na hAchtanna Cumann Foirgníochta, 1976 go 1983, a ghairm de na hAchtanna Cumann Foirgníochta, 1976 agus 1980, agus den Acht seo le chéile, agus forléireofar le chéile iad mar aon ní amháin.