4 LAND REFORM 



tlie farm, subject to payment of the annual instalment 

 and to certain other conditions. 



The only conditions of importance are those con- 

 tained in Clauses 1 1 and 1 2, by which subdivision and 

 subletting of the farm are forbidden except with the 

 consent of the Board of Agriculture, and restrictions 

 are placed upon the power of mortgaging. 



Under Clause 10, the farmer, if he is able and will- 

 ing to do so, can at any time redeem the outstanding 

 purchase annuity, by the payment of a lump sum. 



No holding of leasehold tenure can be sold under 

 the Act unless the lease, under which the landlord is 

 possessed, is one renewable for ever, or for a term of 

 years of which not less than sixty are unexpired at the 

 time of the sale. 



Definitions are given in the Bill of the terms "ab- 

 solute owner," "tenant for life," and "limited owner." 



Provisions are made for the distribution of the 

 purchase money among the persons entitled to, and 

 having charges upon, or otherwise interested in any 

 holding sold under the Act. 



The sum to be advanced for the purposes of this 

 part of the Bill is limited to ten millions sterling. The 

 Bill, like the Irish measure, contains no compulsory 

 provisions. It seeks only to give to English farmers 

 advantages and opportunities similar to those given to 

 Irish tenants by the Act of 1903. 



