Ecclesiastical Commissioners Act 1866

4Authorizing Exchanges between Ecclesiastical Corporations and the Ecclesiastical Commissioners.

If, after the Commissioners have effected the Endowment of any Archbishoprick or Bishoprick or of any Chapter with Lands or Hereditaments, it shall appear to such Commissioners that it would be beneficial to such Archbishoprick or Bishoprick or to such Chapter that any Part or Parts of such Lands or Hereditaments should be exchanged for any Lands or Hereditaments belonging to any other Archbishop or Bishop, or Chapter, or to the Commissioners, it shall, be lawful to effect such Exchange with the Consent in "Writing of every Archbishop or Bishop, or Chapter, thereby affected, and by the Authority of a Scheme passed by the said Commissioners, and an Order of Her Majesty ratifying the same: Provided always, that no such Exchange shall be made unless the Commissioners shall be satisfied of the reasonable Equality in Value of the Lands and Hereditaments so to be exchanged, and shall in such last-mentioned Scheme make a Statement to that Effect.