asked the Minister for Lands and Fisheries if he is aware that Martin Connolly, Killimoran, Gort, Co. Galway (Folio No. 25873), paid an annuity of £5 13s. 8d. prior to vesting on 31st July, 1931; and if he is further aware that said annuity was raised to £8 1s. 6d. despite the fact that the old rent payable to the landlord was £7 13s. 3d., and if he will state on what grounds the annuity has been so raised.
Ceisteanna—Questions. Oral Answers. - Gort Annuity Increased.
By judicial order of 24th June, 1885, the rent of Martin Connolly's holding on the estate of F.W. Lynch, Co. Galway, was fixed at £12 and on the passing of the Land Act, 1923, the holding was returned as subject to this rent. A motion on notice on behalf of the Receiver over the estate for a direction as to the basis on which compounded arrears of rent and payment in lieu of rent were to be assessed was listed for hearing on the 15th July, 1924, when the Court decided that the abated rent of £7 11s. 6d. which the tenant had been paying was the basis on which to calculate compounded arrears of rent and payment in lieu of rent and that the judicial rent of £12 was the basis for calculation of standard purchase annuity. Payment in lieu of rent was accordingly collected at £5 13s. 8d., i.e., 75 per cent. of £7 11s. 6d.
As provided by Part I of the First Schedule to the Land Act, 1923, the standard purchase annuity from the date of vesting is £7 16s. 0d., i.e., 65 per cent. of the judicial rent of £12. At the date of vesting one year's compounded arrears of rent (£5 13s. 7d.) was outstanding, and this sum was, as provided by Section 2 of the Land Act, 1927, added to the purchase money of the holding, thereby increasing the standard purchase annuity to £8 1s. 6d.