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Enfranchisement Money for the Use of a Corporation, &c. may, at the Option of the Lords of the Manor, be paid into the Hands of Trustees.
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XVI. Any Consideration or Compensation Money to be paid to the Use of a Corporation, Lord of a Manor, other than of a Manor holden for Charitable Purposes within the Meaning of the “Charitable Trust Act, 1853,” and “Charitable Trust Amendment Act, 1855,” may, at the Option of such Lord, be paid into the Hands of Trustees, to be nominated by the Commissioners by Order under Seal, in the same Manner as in other Cases already provided for in the Copy hold Acts, and the Money shall be applied by the Trustees, with the Consent of the Commissioners, to the Purposes to which Consideration or Enfranchisement Money paid into the Bank ofEngland in the Name of the Accountant General is directed by the Copyhold Acts to be applied; and upon every Vacancy in the Office of such Trustee, or in case any such Trustee should be desirous of resigning, or should become incapable of acting, some other Person shall be appointed by the Commissioners in like Manner.
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