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Persons, &c. in actual Possession, or entitled to Rents of Premises, shall be preferred in the Purchase of Quit Rents.
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XVI. Provided always, and be it enacted, That all such Persons and their Trustees, Guardians, and Committees, and all such Bodies Corporate or Collegiate, who shall be in the actual Possession of, or immediately entitled to the Rents and Profits of any Manors, Messuages, Lands, Tenements, or Hereditaments, whereon any such Quit Rents, Crown Rents, or Composition Rents shall be charged, or out of which they shall be issuable (other than and except Tenants for Years absolute, or Tenants for Lives, or for Years determinable upon Lives, on any Demise whereon any Rent was or shall be reserved, or a Fine or Premium was or shall be paid), shall be preferred in the Purchase of such Quit Rents, Crown Rents, or Composition Rents, or any Part thereof, to any Person or Corporation having any Estate or Interest in Remainder, Reversion, or Expectancy, in such Manors, Messuages, Lands, Tenements, or Hereditaments, and to any Person or Corporation not having any Interest therein; provided such Persons or Corporations so to be preferred shall contract for the Purchase of such Rents before the Twenty-fifth Day of December One thousand eight hundred and twenty-three; and in case no Contract shall be entered into by such Persons or Corporations before the said Twenty-fifth Day of December One thousand eight hundred and twenty-three, then the Persons or Corporations having such Estates or Interests in Reversion, Remainder, or Expectancy, or the Trustees, Guardians, or Committees of any such Persons, shall be entitled to purchase such Rents, or any Part thereof, in Preference to any other Person or Corporation not having any Estate or Interest therein, until the Twenty-fifth Day of December. One thousand eight hundred and twenty-four, according to the Priority of such respective Estates or Interests, such Priority to be settled by the Commissioners of His Majesty’s Treasury, in case the Parties shall differ about the same.
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