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Rentcharges to be payable on the 1st January and 1st July in each year.
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15. From and after the first day of January next every rentcharge already created or to be hereafter created under the provisions of the Copyhold Acts shall be payable half-yearly on the first day of January and the first day of July in every year, and a proportionate payment shall be made on the first day of January next in respect of the interval which shall have elapsed since the last preceding day of payment or since the commencement thereof, as the case may be; and on any enfranchisement taking place after the said first day of January a proportionate payment shall in like manner be made on such one of the said half-yearly days of payment as shall next follow the date of the award or memorandum or deed of enfranchisement.
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