Agriculture Act 1967

68 Application of capital money in payment of improvement rentcharges.E+W+S

Section 73(1)(xiii) of the M1Settled Land Act 1925 (under which capital money arising under that Act may be applied in the redemption of improvement rentcharges) shall, in its application to any charge created under the M2Improvement of Land Act 1864 in respect of an improvement benefiting agricultural land, F1 . . . have effect as if the reference to redemption included a reference to discharging as it falls due so much of any periodical payment as represents repayment of capital.