Annuities, etc. Act 1695

II. If such Annuitants do not purchase before 24th June, then any Person having or not having an Interest in such Life Estate may purchase before 29th Sept. 1696.

and such Persons paying the Consideration to be immediately entitled; Directions of 6 & 7 W. & M. c. 5. in force for and in respect of such Annuities.

And bee it further enacted by the authority aforesaid That if any person or persons being intituled to any estate for One Life in being in any such present Annuity or Annuities as aforesaid or such as they shall n?ate shall not before the said Foure and twentieth day of June advance and pay into the Receipt of Exchequer such Rate or Consideration Money as is before mentioned for changeing such his her or their Estate for Life into a terme certaine or for a future interest as aforesaid that then and in every such case it shall and may bee lawfull to or for any person or persons whatsoever Natives or Forreigners haveing or not haveing any Property or Interest in such Estate for Life att any time or times after the said Foure and twentieth day of June and on or before the Nine and twentieth day of September in the yeare of our Lord One thousand six hundred ninety six to contribute advance and pay into the said Receipt of Exchequer so much Money as any such Annuity being computed for Five yeares doth or shall amount to (that is to say) For every hundred pounds that was paid for the single. Life in an annuity of Foureteen pounds a yeare there shall bee paid in all the cases last mentioned the summ of Seventy pounds for an Interest for the then residue of the said terme of Ninety six yeares to bee reckoned as aforesaid and to bee charged with and subject to the present estate for life of and in the same or the like annuities And there shall bee paid a Rate or Consideration in the same proportion for Annuities exceeding Foureteen pounds a yeare And that all and every the p[er]son and persons soe paying the Considerac[i]on Moneys as aforesaid shall im[m]ediately upon payment of their Moneys bee intituled by this Act to such Annuity or Annuities soe to bee purchased and the same shall bee charged upon such respective Fund or Revenue in the said [X1 recited] Act mentioned as if the the Consideration Money so to bee contributed or advanced for the same had been actually advanced or contributed within the respective times limitted by the said former Act and that all and every the Directions Powers and Clauses in the said recited Act contained for or concerning the levying of Tallies or makeing forth or Orders or for makeing Transferrences or Assignements or for the appropriating or applying the Moneys ariseing by the said Funds or Revenues or any of them or for appointing settling or establishing any other Matter or Thing for or in relation to the respective Annuities thereby purchased or obtained shall bee and are by force and virtue of this Act revived and shall be duely observed practised and putt in Execution for and in respect of such Annuities as shall bee purchased or obtained upon this Act as fully and effectually as if the same Powers Directions and Clauses were here again expressed or particularly repeated.

Editorial Information

X1 interlined on the Roll.