New South Wales Consolidated Acts

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MURRUMBIDGEE IRRIGATION AREAS OCCUPIERS RELIEF ACT 1934 - SECT 5

Special provision where only indebtedness is arrears of indebtedness

5 Special provision where only indebtedness is arrears of indebtedness

Where the only indebtedness to the Crown or to the Commission of an occupier of any holding or tenure of any of the classes referred to in subsection one or subsection four of section four of this Act is arrears of indebtedness the Minister may, in any case where, in his opinion, the circumstances so warrant, determine that a specified part or proportion of such indebtedness shall for the purposes of this Act be deemed to be current indebtedness and the remaining part arrears of indebtedness. The power to make any such determination shall be deemed to have become exercisable on the first day of July, one thousand nine hundred and thirty-four, and shall be exercisable for a period of one year from that date.
Where any such determination is made the provisions of section four of this Act shall apply to and in respect of such part as is deemed to be current indebtedness, and the provisions of section six and section seven of this Act shall apply to such part as is deemed to be arrears of indebtedness.



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