New South Wales Consolidated Acts

MURRUMBIDGEE IRRIGATION AREAS OCCUPIERS RELIEF ACT 1934 - SECT 8

8 Cases in which no reduction is to be made

No reduction of current indebtedness or of arrears of indebtedness shall be made by or under this Act:

(a) in any case where a determination of the Commission under section 19D of the Irrigation Act 1912-1931 , which is not subject to appeal under section 19E of that Act, has not been accepted by the occupier-unless and until the determination is accepted by the occupier,

(b) in any case where a determination of the Commission under section 19D of the Irrigation Act 1912-1931 , is subject to an appeal under section 19E of that Act, and a decision of the Land and Valuation Court on the appeal has not been given before the commencement of this Act-unless and until the appeal is withdrawn by the occupier,

(c) in any case where, in the opinion of the Minister, an equitable adjustment of the indebtedness of the occupier having regard to economic conditions and the value of farm products has been made before the commencement of this Act,

(d) in any case where such indebtedness was incurred on condition that no reduction thereof would be granted: Provided that, in any case where the Minister deems the circumstances so warrant, he may exempt such indebtedness from the operation of this paragraph.