Plantation (Proprietors) Government Loans Act (Cap. 68:07).
Country
Type of law
Legislation
Abstract
This Act establishes the right of a joint owner of land to recover an amount paid as portion of repayment of a government loan charged upon a plantation in co-ownership. Conditions for the right of summary recovery are acting in good faith of the paying co-owner and for purposes of preventing proceedings by parate execution being taken against the plantation. Payment of half of the moiety of the government loan charged on the plantation by an owner of a separate half of the land shall discharge him or her from further liability but shall not affect the subsistence of a lien for the unpaid moiety of the loan on the other half of the plantation. (4 sections)
Attached files
Web site
Long title of text
An Act to provide for the summary means of recovery by one co-proprietor of a plantation charged with the repayment of a government loan against another co-proprietor in respect of sums of money paid by the former on behalf of the latter in discharge of such loan.
Date of text
Notes
Reprinted version of Act No. 9 of 1893 as authorized by L.R.O. 1/2012.
Repealed
No
Serial Imprint
Laws of Guyana.
Source language
English
Legislation status
in force
Legislation Amendment
No