496
No. 1.]
Interpreta-tion of terms. 33 & 34 Viet.
c. 35 s. 5.
Rents, etc.. to accrue from day to day.
THE ORDINANCES OF HONGKONG: [A.D. 1886.
2. In this Ordinance--
Rents include all periodical payments or renderings in lieu of or in the nature of rent:
“Annuities” include salaries and pensions;
“Dividends” include (besides dividends strictly so called) all payments made by the name of dividend, bonus, or otherwise out of the revenue of trading or other public companies, divisible between all or any of the members of such respective companies, whether such payments are usually made or declared at any fixed times or otherwise; and all such divisible revenue shall, for the purposes of this Ordinance, be deemed to have accrued by equal daily increment during and within the period for or in respect of which the payment of the same revenue is declared or expressed to be made, but the said word “dividends” shall not include payments in the nature of a return or reimbursement of capital.
3. From and after the commencement of this Ordinance, all rents, annuities, dividends, and other periodical payments in the nature of income (whether reserved or made payable under an instrument in writing or otherwise) shall, like interest on money lent, be considered as accruing from day to day, and shall be apportionable in respect of time accordingly.
Apportioned part of rent, etc., to be payable when next entire portion due.
4. The apportioned part of any such rent, annuity, dividend, or other payment shall be payable or recoverable, in the case of a continuing rent, annuity, or other such payment, when the entire portion of which such apportioned part forms part becomes due and payable, and not before; and, in the case of a rent, annuity, or other such payment determined by re-entry, death, or otherwise, when the next entire portion of the same would have been payable if the same had not so determined, and not before.
Remedies for recovering apportioned parts.
5. All persons and their respective executors, administrators, and assigns, and also the executors, administrators, and assigns respectively of persons whose interests determine with their own deaths, shall have such or the same remedies at law and in equity for recovering such apportioned parts as aforesaid when payable (allowing proportionate parts of all just allowances) as they respectively would have had for recovering such entire portions as aforesaid if entitled thereto respectively: Provided that persons liable to pay rents reserved out of or charged on lands or tenements, and the same lands or tenements, shall not be resorted to for any such apportioned part forming part of an entire or continuing rent as aforesaid specifically, but the entire or continuing rent, including such apportioned part, shall be recovered and received by the person who, if the rent had not been apportionable under this Ordinance...
...to be one (as the case may be) and judgment shall be given accordingly.
...
the truth of the matter to be sworn.
24
affidavit or other document...
the Petition sworn...