Inclosure Act 1854

XIX Compensation for limited Interests to be paid to Trustees.

When it shall appear to the Commissioners or Assistant Commissioner that any of the Parties entitled to such Rights or Interests are only entitled thereto for a limited Interest, then it shall be lawful for them or him, by their or his Award, to direct that the Monies to be paid in respect of such Right or Interest, where the same shall exceed Twenty Pounds, shall be paid to the Trustees acting under the Will, Conveyance, or Settlement under which such Person having such limited Interest shall be interested in such Rights or Interests, and where there are no Trustees then into the Hands of Trustees to be appointed under, the Hands and Seal of the Commissioners, to be held by them on Trusts similar to the Uses or Trusts to which such Rights or Interests had been immediately before the Payment of such Monies into the Bank subject to, or as near thereto as the said Commissioners or Assistant Commissioner can ascertain; and the Receipts of any Trustees to whom any such Monies shall be paid as aforesaid shall be good and sufficient Discharges for the same: Provided always, that the Payment of all such Sums shall from Time to Time be subject to such Rules and Regulations, for the Purpose of ensuring the Payment thereof to the Person or Persons duly entitled to receive the same as the said Commissioners shall by any Order direct.