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The Recipients of Pensions not exceeding 10l. per Annum may, with the Consent of the Ecclesiastical Commissioners, sell the same to the Crown.
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I. Any Bishop, Rector, Vicar, or other Ecclesiastical Person or Collegiate Body for the Time being in the Receipt of any of the said Pensions which does not exceed the annual Sum of Ten Pounds may, with the Consent of the Ecclesiastical Commissioners for England, and of the Patron of any Living or Preferment in respect of which the same is payable, sell and convey, or enter into any Agreement, with the Commissioners of Her Majesty’s Woods, Forests, and Land Revenues, or either of them, for the Sale and Conveyance to Her Majesty, Her Heirs and Successors, of the same Pension, for such Price and subject to such Stipulations and Conditions as may be agreed upon; provided that in any Case when the Purchase Money shall exceed the Sum of One hundred Pounds the Purchase shall not be completed without the previous Authority of the Lord High Treasurer or the Commissioners of Her Majesty’s Treasury, to be signified by some Warrant under his or their Hand or Hands.
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