Apportionment

Link to law: http://rgd.legalaffairs.gov.tt/Laws2/Alphabetical_List/lawspdfs/8.06.pdf

Apportionment
APPORTIONMENT ACT

CHAPTER 8:06

LAWS OF TRINIDAD AND TOBAGO

Act
8 of 1917

L.R.O.

Current Authorised Pages
Pages Authorised

(inclusive) by L.R.O.
1–6 ..

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt

LAWS OF TRINIDAD AND TOBAGO

2 Chap. 8:06 Apportionment

Note on Subsidiary Legislation
This Chapter contains no subsidiary legislation.

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt

L.R.O.

LAWS OF TRINIDAD AND TOBAGO

Apportionment Chap. 8:06 3

CHAPTER 8:06

APPORTIONMENT ACT

ARRANGEMENT OF SECTIONS
SECTION

1. Short title.

2. Interpretation.

3. Payments to accrue from day to day.

4. Apportioned part payable when next entire portion due.

5. Recovery of apportioned parts.

6. State grants.

7. Moneys payable under policies of assurance.

8. Application of Act.

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt

LAWS OF TRINIDAD AND TOBAGO

4 Chap. 8:06 Apportionment

CHAPTER 8:06

APPORTIONMENT ACT

An Act relating to the Apportionment of certain periodical
payments and taxes.

[8TH MAY 1917]

1. This Act may be cited as the Apportionment Act.

2. In this Act—
“annuities” includes salaries and pensions;
“dividends” includes (besides dividends strictly so called) all

payments made as or by the name of income, dividend,
bonus, interest on debenture, or by way of dividend on
preferred stock, 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 the
payments shall be usually made or declared at any fixed
times or otherwise; and all such divisible revenue shall, for
the purposes of this Act, 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 shall be declared
or expressed to be made, but the word “dividend” does not
include payments in the nature of a return or reimbursement
of capital;

“rents” includes rent for occupation of any property, and rent
charges, also all periodical payments or renderings in lieu
of or in the nature of rent.

3. All interest on money due, rents, annuities, dividends,
and other periodical payments in the nature of income (whether
reserved or made payable under an instrument in writing or
otherwise) and all periodical outgoings and charges shall be
considered as accruing from day to day, and shall be apportionable
in respect of time accordingly.

1950 Ed.
Ch. 6 No. 5.
8 of 1917.

Commencement.

Short title.

Interpretation.

Payments to
accrue from day
to day.

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt

L.R.O.

LAWS OF TRINIDAD AND TOBAGO

Apportionment Chap. 8:06 5

4. The apportioned part of any such interest, 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 the 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.

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 the 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 except that persons liable
to pay rents reserved out of or charged on lands or other
hereditaments of any tenure shall not nor shall the same lands or
other hereditaments 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 the Act, or otherwise, would have
been entitled to such entire or continuing rent; and such apportioned
part shall be recoverable from such person by the parties entitled
under this Act to the same by action.

6. When any lands not theretofore subject to land charges or
land taxes have been granted by the State to any person, such person
shall be deemed liable to pay, in respect of his ownership, during
the remainder of the current period (commencing with the first
day of the month next after the date of any such grant) in respect
of which such land taxes or land charges are leviable, an
apportioned part of all land taxes and charges or other charges or
annual payments collectible in respect of the land, which shall
become due and payable when the annual land tax or charge for
the year following that in which the grant is issued shall be payable,
and shall be recoverable therewith in the same manner as a land
tax or land charge under the Lands and Buildings Taxes Act.

Apportioned
part payable
when next
entire portion
due.

Recovery of
apportioned
parts.

State grants.

Ch. 76:04.

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt

LAWS OF TRINIDAD AND TOBAGO

6 Chap. 8:06 Apportionment

7. Nothing contained in this Act shall render apportionable
any annual sums made payable in policies of assurance of any
description.

8. This Act shall not extend to any case in which it is or shall
be expressly stipulated that no apportionment shall take place.

Moneys payable
under policies of
assurance.

Application of
Act.

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt
Read Entire Law on rgd.legalaffairs.gov.tt