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Restriction of maximum Amount of Charges.
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LIII. The aggregate Amount of Annuities chargeable in respect of Improvements under this Act shall not, when taken together with any Rentcharges charged or to be charged on the Land, under the Provisions of the Acts to facilitate the Improvement of Landed Property in Ireland, exceed One Third Part of the annual Value of the Land; and for the Purpose of this Section the annual Value of the Land shall be deemed to be the Amount at which it is rated under the Laws for the Relief of the destitute Poor in Ireland; and it shall be the Duty of the Court, before making an Order charging an Annuity under this Act, to ascertain the Amount of Annuities, if any, theretofore charged on the Lands under this Act, and the Amount of any Rentcharges charged on the said Lands under the said Acts to facilitate the Improvement of Landed Property in Ireland, and to provide that this Limit is not exceeded, but no Order charging an Annuity shall be afterwards invalidated by reason of such Excess.
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