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Plantation (Proprietors) Government Loans Act (Cap. 68:07).

Country/Territory
Guyana
Document type
Legislation
Date
1893
Source
FAO, FAOLEX
Original source
Laws of Guyana.
Long title
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.
Subject
Land & soil, Cultivated plants
Keyword
Common property Plant production
Geographical area
Amazonia, Americas, Latin America and the Caribbean, North Atlantic, Small Island Developing States, South America
Abstract

This Act establishes the right of a joint owner of land to recover an amount paid as potion 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)

Full text
English
Website
legalaffairs.gov.gy