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Civil Law (Property) Act 2006
250Income apportionable in relation to time
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250 Income apportionable in relation to time
All rents, annuities dividends and other periodical payments in the
nature of income (whether reserved or made payable by an instrument
or otherwise) are, like interest on an amount lent, taken to accrue from
day-to-day, and must be apportioned in relation to time accordingly.
Apportionment Part 2.6