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Rights of superior Owner and Right to Indemnification against superior Rents preserved.
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XIII. Provided always, and be it enacted, That, no Grant made by the Owner of any Lease or Under-lease in Perpetuity under this Act shall prejudice or affect the Rights of the Owner of the Reversion, or of any Lease or Under-lease superior in Tenure, or of the Estates into which they may be respectively converted under this Act, but all Owners, Lessees, Under-lessees, and Occupiers for the Time being of any Land shall have the like Rights and Equities to be discharged of and indemnified against Fee-farm Rents created under this Act as such Owners, Lessees, Under-lessees, and Occupiers respectively would have had in respect of the Rents incident to the several Reversions or Estates converted into such respective Fee-farm Rents; and the Owners for the Time being of all Fee-farm Rents created under this Act shall be subject to and charged with the like Liabilities, and shall have the like Rights and Equities to indemnify and to be indemnified in respect of such Fee-farm Rents respectively, as they would have been subject to and would have had in respect of the Reversions or Estates which have been converted into such respective Fee-farm Rents in case this Act had not been passed.
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