|
|
In default of Repayment of Expenditure in draining Bag, Moor, or Waste Lands a competent Portion thereof may be demised by the Commissioners for Ninety-nine Years, at a Fine, for raising the Sum due.
|
XXXVIII. ‘And whereas under the Provisions of the said recited Acts or this Act the Commissioners may be called upon to drain Bog, Waste, or Moor Lands, or Lands to be embanked from the Sea or Tideway, and the Security for the Money expended in draining such Lands may mainly or in part depend upon the Cultivation or Reclamation thereof after such Drainage shall have been effected;’ be it therefore enacted, That in case of the Drainage or Embankment of any such Lands as last aforesaid, if Default shall be made in the Repayment of any Sum of Money charged upon any such Lands under the final Award of the said Commissioners for any Period exceeding Six Months, it shall be lawful for the said Commissioners, if they shall so think fit, to lease or demise to any Persons or Person, in One or more Lots or Divisions, such Lands, or a competent Portion thereof, for any Term not exceeding Ninety-nine Years, reserving thereout to the said Commissioners such annual Rent as they shall think fit, not being less than the annual Value of such Lands before the Works of such Drainage or Embankment were commenced; and in making any such Lease or Demise it shall and may be lawful for the said Commissioners to accept and receive such Sum of Money by way of Fine or Premium as can or may be had for the making or granting such Lease or Demise; and every such Lease or Demise shall be good, valid, and effectual in the Law for the Purpose aforesaid, and shall be binding and conclusive upon all and every Persons or Person whatsoever, and shall take Priority of all Charges and Incumbrances whatsoever and wheresoever made, except Quit Rent, and Rentcharge in lieu of Tithe, and Chief Rent, as in said first-recited Act construed or defined, if any such shall be payable thereout.
|
