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After the next Avoidance of any such Dignity, the Commissioners may declare that the Lease shall not be renewed; and, upon Application of the Tenant to accept the Value in Money, may estimate the Value thereof.
Proviso.
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XXXI. And be it further enacted, That at any Time from and after the next Avoidance of any Archbishoprick, Bishoprick, Dignity, Prebend, or Canonry as aforesaid, in which it may be deemed expedient so to do, it shall and may be lawful for the said Ecclesiastical Commissioners, in case any Tithes or Compositions for Tithes shall be disappropriated therefrom, by Instrument under their Common Seal to declare that the Lease or Contract by which such Tithes or Compositions for Tithes are now or hereafter may be held shall not be renewed; and in order to prevent any Loss or Damage to the Tenant or Tenants now holding or who may hereafter hold such Tithes or Compositions for Tithes by virtue of such Lease or Contract, by reason of the same not being capable of being renewed as heretofore, it shall and may be lawful for the said Commissioners, upon the Application of any such Tenant or Tenants declaring his or their Readiness to accept the Value in Money of his or their Estate or Interest in such Lease or Contract as if the same were still capable of Renewal, to estimate and compute the Value thereof accordingly; and in case such Tenant or Tenants shall think fit to accept the same, he or they shall thereupon convey his Estate and Interest in such Lease or Contract to the said Ecclesiastical Commissioners, and such Tithes or Compositions for Tithes shall thereupon be freed and discharged from all Debts, Liabilities, and Incumbrances of such Tenant or Tenants, or of any Person or Persons deriving under him, her, or them, or of any Person or Persons under whom he, she, or they may derive: Provided nevertheless, that the Purchase Money for such Estate and Interest shall become subject and liable to all such and the like Engagements, Liabilities, Uses, Trusts, Intents, and Purposes as may affect the Estate or Interest of such Tenant or Tenants in the Lease or Contract of said Tithes or Compositions for Tithes, and shall be paid to such Tenant or Tenants on his making out Title thereunto; and if he, she, or they shall not make out a sufficient Title thereto such Purchase Money shall be paid into the Bank of Ireland to the Credit of the Accountant General of the Court of Chancery in Ireland, and to the Credit of the Matter, upon an Order for that Purpose to be obtained upon Petition in a Summary Way, and shall be disposed of by such Court by Order in like Manner to be obtained, as may be just.
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