Agricultural Holdings (Option to Purchase) Act.
An Act to make provision respecting the purchase by tenants of agricultural holdings for the purpose of facilitating agricultural development in Barbados.
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LEX-FAOC080715
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This Act prescribes that it shall be a term or condition of every tenancy of an agricultural holding of a plantation specified in the First Schedule to this Act that a qualified tenant may purchase the freehold of that agricultural holding at a price to be agreed upon between the landlord and tenant. “Agricultural holding” is defined by the Security of Tenure of Small Holdings Act. A qualified tenant is a tenant that has been cultivating the holding for a specified number of years. An option to purchase shall be exercised in the form as set out in the Second Schedule to this Act. If the tenant is unable to purchase the freehold, he or she may apply to the High Court.
