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Purchasers of Annuities for Lives shall be entitled to such Amount of Annuity as shall be specified in the Tables.
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XVII. In every Case when any Sum of Money shall be paid as the Consideration for the Purchase of any Annuity for Lives of whatsoever Kind, under the Provisions of this Act, or for securing a Payment on Death, the Person or Persons purchasing any such Annuity for Lives or for securing such Payment on Death, shall be entitled to receive from the Period at which the said Annuity is to commence and take effect an Annuity for a Life, or for joint Lives with Benefit of Survivorship, or on the joint Continuance of Two Lives, as the Case may be, of such annual Amount as shall be specified in any such Table or Tables respectively as the Commissioners of Her Majesty’s Treasury shall from Time to Time authorize and approve in manner herein-before directed, to be calculated and ascertained according to the Age of the Party; and every Payment to be made on Death shall in like Manner be ascertained and settled according to the said Tables so to be approved and adopted from Time to Time as aforesaid.
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