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

L.R.O. 1/2012 LAWS OF GUYANA PLANTATION (PROPRIETORS) GOVERNMENT LOANS ACT CHAPTER 68:07 Act 9 of 1893 1 – 4 ... 1/2012 (inclusive) by L.R.O. Pages Authorised Current Authorised Pages LAWS OF GUYANA 2 Cap. 68:07 Plantation (Proprietors) Government Loans L.R.O. 1/2012 Note on Subsidiary Legislation This Chapter contains no subsidiary legislation. LAWS OF GUYANA Plantation (Proprietors) Government Loans Cap. 68:07 3 L.R.O. 1/2012 CHAPTER 68:07 PLANTATION (PROPRIETORS) GOVERNMENT LOANS ARRANGEMENT OF SECTIONS SECTION 1. Short title. 2. Interpretation. 3. Right of summary recovery over by one co-proprietor of a plantation paying government loan for another co-proprietor. 4. Right to pay moiety of government loan. 1929 Ed. c. 158 1953 Ed. c. 246 9 of 1893 An Act to provide a 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. [28th JUNE, 1893] Short title. Interpretation. 1. This Act may be cited as the Plantation (Proprietors) Government Loans Act. 2. In this Act— “government loan” means any loan made from public moneys under the sanction of the National Assembly, and includes any instalment of the loan and any interest accrued due thereon or any instalment thereof; “plantation” means any plantation or piece of land charged LAWS OF GUYANA 4 Cap. 68:07 Plantation (Proprietors) Government Loans L.R.O. 1/2012 Right of summary recovery over by one co proprietor of a plantation paying government loan for another co proprietor. Right to pay moiety of government loan. with and liable for the repayment of any government loan. 3. Where a proprietor of a plantation which is owned by more proprietors than one, either in separate portions, being less than halves, or in undivided shares, or in both those ways, pays any portion of a government loan charged upon the plantation which is properly payable by a co proprietor of the plantation, the proprietor so paying shall have against his co-proprietor for whom he pays the same remedies for the recovery of the amount so paid as the State, or any public officer, has against the plantation for the recovery of the government loan charged upon the plantation: Provided that the right of summary recovery over shall only attach where the proprietor paying for a co proprietor has so paid in good faith and solely for the purpose of preventing proceedings by parate execution being taken against the plantation. 4. Where any plantation is owned in separate halves, the proprietor of either half, on paying one moiety of the government loan charged upon the plantation, shall be discharged from all further liability in respect of the amount so paid; but the payment shall not affect the subsistence of the lien for the unpaid moiety of the loan on the other half of the plantation.