The Pamphlet Collection of Sir Robert Stout: Volume 7
Payment of further instalments
Payment of further instalments.
10. Immediately after the making of a report in favor of any purchaser of land under this Act, or in case of an appeal, immediately after the decision in favor of any purchaser, such purchaser shall pay to the said Receiver of Land Revenue the second instalment of purchase money, being a sum equal to the whole deposit originally paid by him on purchasing the said land, and he shall pay a like sum in like manner at the end of the third, fourth and fifth year from the day on which he purchased such land, or at such earlier time, not before the time when the said second instalment falls due, as the purchaser shall think fit.