Ecclesiastical Leasing Act 1858

X Improved Value of Dignities, Offices, and Benefices to be paid to Commissioners.

AE the Clauses contained in the said first-recited Act respecting Improvements in the annual Value of any Dignity, Office, or Benefice by means of any Lease granted under that Act shall extend and apply to any Improvement of Income which may accrue by means of any Lease, Sale, Exchange, Partition, Purchase, or Investment to be granted or made under the Provisions of this Act; save and except that with respect to all Improvements of Income which have accrued or shall accrue to any Benefice under the Provisions of the said recited Act or this Act it shall be lawful, by the Authority in the said recited Act mentioned, and subject to the like Notice being given to the Patron or Patrons of such Benefice as is by the said Act required, at any Time or Times after the Commencement of such Improvement, and notwithstanding the Period of Three Years limited by the said Act may have expired, to direct that from such Time (not operating retrospectively, nor so as to affect the Incumbent in possession at the Time of the granting of any such Lease) as shall be fixed by the said Commissioners such Portion of the improved Income as the said Commissioners shall deem expedient shall be paid to the said Commissioners, to be applied according to the Directions in that Behalf contained in, the said Act; and also save and except that the Clause No. XIV. of the said Act entitled in the Margin thereof, " Portion of improved Value under Mining Leases to be paid to " Commissioners," shall be and the same is, so far as it relates to any Lease to be hereafter granted by any Rector, Vicar, or Incumbent of any other Benefice with Cure of Souls, hereby repealed.