Glebe Lands Leasing Powers (Ireland) Act, 1857

The best improved Rent without Fine to be reserved in Leases under this Act.

IV. The Rent reserved in any such Lease shall be the best improved yearly Rent that, at the Time of making such Lease, can be obtained or reasonably expected from a solvent Tenant, without taking any Fine or other Consideration of any Kind, and so that no such Lessee be made dispunishable for Waste: Provided always, that it shall be lawful to reserve a reduced Rent for the First Three Years of the Term.