Welsh Church (Temporalities) Act 1919

4 Further provisions as to Welsh ecclesiastical property.

(1) The Welsh Commissioners may postpone the transfer under the Welsh Church Act, 1914, of any property vested in them to any person or body of persons, whether corporate or unincorporate, other than the representative body, and such person or body of persons shall not be bound to accept the transfer of any such property until the Secretary of State so directs; and so long as , any tithe rentcharge which was previously attached to a benefice remains vested in the Welsh Commissioners, the Welsh Commissioners shall be deemed to be the owners of a tithe rentcharge attached to a benefice for the purposes of the [62 & 63 Vict. c. 17.] Tithe Rentcharge (Rates) Act, 1899.

(2) If the Welsh Commissioners so agree with the representative body, it shall be lawful for the Welsh Commissioners to buy and for the representative body to sell to them any of the tithe rentcharge transferred to the representative body under the Welsh Church Act, 1914, at a price to be ascertained by the same method as that prescribed by the Tithe Act, 1918, for the payment of compensation for the redemption of tithe rentcharge ; and the Welsh Commissioners may determine out of what part of the funds vested in them the purchase money payable for any such tithe rentcharge is to be paid and the tithe rentcharge when purchased shall be dealt with by the Welsh Commissioners in like manner as if it had been derived from the same source as the purchase money :

Provided that, if the tithe rentcharge at the time of sale is subject to any existing interest, it shall be discharged from that interest, and the representative body shall be liable to pay to the person entitled to the existing interest, so long as that interest would have continued, an annuity equal to the annual value of his interest therein ascertained in manner provided by the Fifth Schedule to the Welsh Church Act, 1914, and this Act.

(3) There shall be included in the property which the Welsh Commissioners are required by subsection (1) of section eight of the Welsh Church Act, 1914, to transfer to the representative body any tithe rentcharge derived from sources other than endowments of any ecclesiastical office or cathedral corporation in the Church in Wales, and not being Welsh ecclesiastical property, which has been appropriated since the year sixteen hundred and sixty-two to benefices in Wales and Monmouthshire.