ACTIn ForceAct
Civil Law (Property) Act 2006
250Income apportionable in relation to time
Start here
Get a plain-English read of 250
Turn the raw legal text into a practical explanation grounded in Civil Law (Property) Act 2006.
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