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Commissioners, in future Exercise of Powers given of granting Leases for 99 Years, to reserve either one uniform Rent, or separate Rents for separate Parts of the Term.
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IV. And be it enacted, That from and after the passing of this Act, in the Exercise of the Powers in the said first-recited Act or in this Act contained with regard to Ground authorized to be let or agreed to be let for any Term not exceeding Ninety-nine Years for Building Purposes, where the Lessee or Lessees shall agree to erect Buildings thereon, or otherwise, as herein-before mentioned, or on any Part thereof, the said Commissioners may, if they shall think fit, either reserve one uniform Rent in respect thereof, or may reserve separate Rents for separate Parts of the Term demised or agreed to be demised, varying in such Manner as may be determined on by the said Commissioners for the Time being, instead of one uniform Rent during the said Term; but all and every the Leases or Agreements for Leases by the said Act or this Act authorized to be granted or entered into shall in all respects be made and entered into in the Manner and subject in all respects as by the said first-recited Act is provided, except as far as the Terms and Provisions of the said first-recited Act, as to the granting and making such Leases and Agreements as aforesaid, are hereby altered or extended.
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