Tenantries Freehold Purchase Act.
An Act to provide a right for tenants of lots in certain tenantries to purchase the freehold in those lots; to alter section 16 of the Constitution to assure the constitutionality of that right; and to provide for matters related or incidental thereto.
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LEX-FAOC080839
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This Act regulates the purchase of freeholds in tenantries. A tenantry means a tenantry specified in the First Schedule (a plantation tenantry) and an area of land, including public land, subdivided before a specified date into lots for letting for specified purposes. “Tenantry” does not include land adjoining the foreshore. The purpose of this Act is to establish by law a right for tenants of lots in tenantries who satisfy the requirements of this Act to purchase the freehold at a purchase price governed by considerations of public policy and the requirements of the Constitution. The Act, among other things, sets out the conditions and procedure for purchase, provides for financial assistance in purchase and provides for arbitration.
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