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s 2

Rents and periodical payments shall be apportionable

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2 Rents and periodical payments shall be apportionable

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.

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