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RATES AND CHARGES (REBATES AND DEFERMENTS) ACT 1992 - SECT 29

29 .         Relevant interests

        (1)         Where an eligible person —

            (a)         in the case of land vested in the Crown, is authorised by the Crown to occupy that land under a lease, licence or concession granted by the Crown or any other arrangement;

            (b)         occupies land on which the person is and remains liable to pay prescribed charges, if that occupation occurs —

                  (i)         following the death of a person, and during the distribution of the estate of the deceased or under the terms of a deed of arrangement varying that distribution; and

                  (ii)         by reason that the eligible person, under that distribution —

                        (A)         as a beneficiary, has a prospective entitlement to the fee simple in that land;

                        (B)         is a life tenant, on whom is conferred the right to occupy the land; or

                        (C)         is entitled under the will of the deceased to occupy the land;

            (c)         being by reason of ill-health, frailty or other cause dependant for care on others, occupies that land under the terms of a deed, or of a trust, which was, in the opinion of the administrative authority, entered into to safeguard the interests of that person;

            (d)         as a shareholder in a corporation which, at the coming into operation of this Act, owned the land, has conferred upon them by virtue of that shareholding an express entitlement to occupy that land or a specific part of the land, and that shareholding was acquired by that person —

                  (i)         before the coming into operation of this Act; or

                  (ii)         after the coming into operation of this Act, subject to subsection (2), from a previous shareholder;

                or

            (e)         is entitled, by reason of having agreed to purchase the land under a contract of sale notwithstanding that title has not passed to that person from the vendor, to possession of the land,

                that person has an interest in the land which is to be taken to be relevant for the purposes of this Act.

        (2)         Where an entitlement as regards any land belonging to a person as a shareholder in a corporation was registered by reason of the operation of subsection (1)(d), if that person disposes of the whole of that shareholding to another eligible person who applies for a similar entitlement to be registered that other person may be deemed to have a relevant interest in the land notwithstanding that the shareholding was acquired after the coming into operation of this Act.

        [Section 29 amended by No. 25 of 1993 s. 8; No. 22 of 1998 s. 22.]



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