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Commissioners of Woods, &c., with Consent of Treasury, may release Breaches of Covenant in Lease.
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II. And be it enacted, That it shall be lawful for the Commissioners of Her Majesty’s Woods, Forests, and Land Revenues for the Time being, at their Discretion, with the Consent of the Commissioners of Her Majesty’s Treasury, to release, by Licence or Waiver in Writing, any Tenant or Lessee or Assignee of any Lease of any Lands or Hereditaments, and whether Part of the Land Revenues of the Crown or not, but which Lands or Hereditaments shall or may be subject to the Management of the last-mentioned Commissioners, from any Covenant, Condition, or Agreement contained in any Lease, Agreement for a Lease, or Agreement for a yearly or other Tenancy, either already made or granted, or hereafter to be made or granted, and whether any Breach of such Covenant or Agreement shall have been committed or not, and either absolutely, or conditionally on such Tenant, Lessee, or Assignee doing such Act or Acts, or entering into such other Covenant or Covenants, or Agreement or Agreements, or otherwise, as they the said Commissioners shall think fit; and any Covenant or Covenants, Condition or Conditions, or Agreement or Agreements, which shall be made or entered into by any such Tenant, Lessee, or Assignee as aforesaid, in consideration of any such Release as aforesaid, shall, so far as regards all Rights, Powers, and Remedies of Her Majesty, Her Heirs and Successors, or of the Commissioners of Her Majesty’s Woods, Forests, and Land Revenues, for enforcing the Performance thereof, or for Re-entry for Nonperformance or Nonobservance thereof, be construed and taken as if the same were contained in the original Lease or Agreement for a Lease, or other Agreement, or otherwise, as shall be agreed on; and all other Covenants or Agreements, and Rights of Re-entry, in any such Lease or Agreement, not released, shall in all respects continue and remain in force as if there had been no such Release or Waiver, and as may be agreed on; and the Provision herein contained shall apply to all Leases or Agreements already granted by any Person or Persons whomsoever, whether being Part of the Land Revenues of the Crown or otherwise, so as the same shall at the Time of any such Licence, Release, or Waiver be under the Management and Control of the Commissioners of Her Majesty’s Woods, Forests, and Land Revenues; and the aforesaid Power may be exercised by the Commissioner for the Time being having under the Order for the Time being of the said Commissioners of Her Majesty’s Treasury the Management of the Hereditaments comprised in any such Lease or Agreement; and the Provisions of the Fifth Section of the last-mentioned Act shall apply (except as far as the same are hereby altered) to any Licence or Waiver granted under the Authority of this Act.
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