And that all tenures of any lands or heretages in Scotland, that are now held or liable to be held of His Majesty by ward holding, whether simple or taxed ward, are hereby enacted to be turned into blanch holding, for payment of one penny Scots at the feast or term of Whitsunday yearly, si petatur tantum, and as often as such lands or heretages shall fall in non-entry, the same shall be no longer subject or liable to the annual payment of the new extent or retour duty of such lands or heretages, but instead thereof shall be subject and liable to the annual payment of the sum of one pound Scots for every one hundred pounds Scots, of the valued rent of such lands or heretages, according to which they are now liable to pay their respective proportions of his Majesty’s cess or land tax; and so proportionably for any lesser quantity than one hundred pounds Scots valuation.