SMALL HOLDINGS 29 



let, but they cannot sell it; where land has 

 been acquired by agreement it can be either 

 let or sold to a holder. The rent which is 

 fixed for a Small Holding must be sufficient 

 to cover the cost of management and other 

 expenses. 



Where an arrangement has been made by 

 a prospective holder to purchase land from 

 a Council he must pay down one-fifth of the 

 purchase money, together with the cost of 

 adaptation; he may leave one-fourth of the 

 sum on a perpetual rent charge, while the 

 remainder, with the interest, must be paid in 

 half-yearly instalments, which may be spread 

 over a term not exceeding fifty years. A 

 Small Holding purchased from a County 

 Council must not be diverted from the 

 purposes of agriculture for a period of twenty 

 years, or until the whole of the money is 

 paid. To this end a purchaser must agree 

 to certain conditions, which are specially 

 prepared for the purpose. Where a small 

 holder buys his land from a private owner, 

 he may obtain not more than four-fifths 

 of the purchase money from the County 

 Council who have the power to grant it. 

 The sum must be repaid on the same condi- 

 tions as are provided where a holding is sold 



