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Payment of moneys produced by sale of lands.
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275. [1]
The moneys produced by sales or exchange of any freehold leasehold or copyhold lands or tenements bought sold or disposed of by for or under the direction of the Commissioners of Customs, including the moneys already paid by way of deposit for the purchase of any such lands or tenements already contracted to be sold, and the residue of the moneys to be received in respect or on account of such contract, shall be paid by the purchaser thereof, or by the person making such exchange, to the Commissioners of Customs for the time being or to such person as they shall appoint to receive the same, in trust for Her Majesty, for the use of the said Customs; and the receipt of such Commissioner or other person as aforesaid for such moneys (such receipt to be endorsed on the conveyance, surrender, or assignment) shall effectually discharge the purchaser or person by whom or on whose account the same shall be paid.
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[1 See s. 6 of 42 & 43 Vict. c. 36, by which Act lands in Great Britain, the Isle of Man, and the Channel Islands, held for the service of Her Majesty's Customers, are transferred to and vested in the Commissioners of Works.] |
