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Land in possession of Royal Dublin Society for the Promotion of Husbandry may be appropriated for a Building for the Purposes of a Museum.
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XVI. ‘Whereas it may be found expedient that certain Part or Parts of Lands and Premises now in the Possession or Occupation of the Royal Dublin Society for the Promotion of Husbandry and other useful Arts, in Ireland, should be appropriated for a Building or Buildings for the Purposes of a Museum, and that other Part or Parts of the said Lands and Premises should be appropriated for a Building or Buildings for the Purposes of the said Library and National Gallery:’ Be it enacted, That, upon the Surrender by the said Society (which Surrender the said Society is hereby empowered to make) of such Estate, Right, Title, or Interest as they may at present have in any such Lands or Premises, it shall be lawful for all and every Persons and Person seised of or entitled in possession to the said Lands and Premises so now in the Possession or Occupation of the said Society as aforesaid, or to the Receipt of the Rents and Profits thereof, for an Estate of Fee-simple or Fee-farm, or any other perpetual Estate, subject to any Mortgage or Incumbrance, or for an Estate in Tail or quasi Entail, in an Estate of Inheritance or perpetual Interest, or for the Term of his, her, or their own Life or Lives (not being Jointresses or Jointress), or for the Life or Lives of any other Person or Persons, or for so many years as he, she, or they may live, or for an unexpired Term of Years, not being less than Sixty Years in its Inception, and whether absolute or determinable on a Life created out of an Estate of Inheritance or perpetual Interest by way of Settlement, and not in consideration of or subject to any Rent reserved thereby (and whether or not such Estate or Interest shall be subject to any Mortgage or other Incumbrance), by virtue of this Act, to make a Lease or Leases of all or any Part or Parts of the same Lands and Premises to the said Society for any Term not exceeding Nine hundred and ninety-nine Years, or in Fee-farm at the best improved yearly Rent that may reasonably be obtained for the same from a solvent Tenant, without any Fine or Consideration; provided that such Rents, and all Clauses and Conditions to be inserted in such Leases, shall secure to the Person or Persons who for the Time being would, if such Leases had not been made, be entitled to the actual Possession of the Lands and Premises therein to be comprised, or to the Receipt of the Rents and Profits thereof, according to their respective Estates and Interests therein, and that such respective Leases as last aforesaid shall be valid and effectual to bind the Lessor and Lessors, his Heir, or their Heirs, Executors, Administrators, Assigns, and Successors in Estate, and all Persons whomsoever deriving under the same Title or Settlement as that under which the Lessor or Lessors derives or derive, and notwithstanding any Settlement, Act of Parliament, Entail, Law, or Custom to the contrary, and whether there be or be not any leasing Power annexed or belonging to the Estate of such Lessor or Lessors, but so as not to prejudice or interfere with any other Power of leasing to him, her, or them belonging.
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