Lands Clauses Consolidation Act, 1845

Upon deposit being made cashier to give receipt.

86. The money so to be deposited as last aforesaid shall be paid into the Bank in the name and with the privity of the accountant general of the Court of Chancery, to be placed to his account there to the credit of the parties interested in or entitled to sell and convey the lands so to be entered upon, and who shall not have consented to such entry, subject to the control and disposition of the said court; and upon such deposit being made the cashier of the Bank shall give to the promoters of the undertaking, or to the party paying in such money by their direction, a receipt for such money specifying therein for what purpose and to whose credit the same shall have been paid in.