294 RURAL DENMARK 



with the owner's wish to extend his business, and the 

 whole property is then to be considered as, and noted as, 

 one houseman's holding. 



Permission to exchange one houseman's holding, in 

 whole or in part, for some other lot, may be granted when 

 such exchange will result in the creation of a more pros- 

 perous holding. If exchange with another plot is desired 

 in order to free a houseman's holding from the obligations 

 imposed upon it under this Act, it must be demonstrated 

 that the lot on which the future obligations of a house- 

 man's holding will rest is as good and as fit for its purpose 

 as the lot which it is desired to free from those obligations. 



The conditions as to the apportionment of the debt 

 to the Treasury on account oi the division, amalgama- 

 tion, or exchange of buildings are to be determined by 

 the Agricultural Secretary on the report of the County 

 Committee. 



Should an owner desire to transfer his property to 

 some other person during his lifetime, the purchaser can 

 only fill the seller's place in relation to his obligations to 

 the Treasury if he fulfils the conditions set out in 2 

 and 3. If, however, the owner desires to transfer his 

 property to a son or a son-in-law or a grandchild, the 

 conditions mentioned in 3, under a, b, e, g, and h f may 

 be set aside. 



The transfer of the property to a person who does not 

 fulfil the above conditions is only allowable when the debt 

 to the Treasury is redeemed at the same time. The pro- 

 perty is not, however, set free by such transfer from the 

 special obligations resting upon it as a houseman's holding 

 under the present Act, and especially does it continue to 

 be subject to the regulations set out in 20. 



By transfer of the property under these provisions, 

 the advantages granted in 15 are to apply to mortgage- 

 bonds in favour of the Kongeriget Danmarks Hypotek- 

 bank. 



