|
|
Commissioners may give Certificates of Terms of Purchase, and call on Tenants by Notice to complete their Purchases.
Service of Notice.
In case of Failure to complete the Purchase, the Applicant shall be deemed to have renounced his Right thereto.
Reserving to Tenant the Right to call for an Arbitration.
|
IX. And be it enacted, That it shall and may be lawful for the said Ecclesiastical Commissioners, if they shall so think fit, at any Time after Application shall have been made to them for the Purchase of the Fee Simple and Inheritance of and in any Lands, Tenements, or Hereditaments pursuant to the said recited Acts or this Act, to cause such Certificate of the Terms of such Purchase, and of the Amount of Purchase Money to be paid on the Completion of such Purchase, and of the annual Rent to be reserved and made payable in and by the Deed or Deeds of Conveyance, as by the said recited Acts they are directed to grant to the Applicant when so required, to be without any Request on his Part delivered to him, together with a Notice in Writing to be annexed to such Certificate requiring such Applicant to complete such Purchase, pursuant to the said recited Acts, within such Time as shall be specified in such Notice, not being less than Six Calendar Months from the Service thereof; and the said Ecclesiastical Commissioners may, if they shall so think fit, cause such Certificate and Notice to be transmitted to such Applicant by Post, addressed to him at his usual Place of Residence, or to his known Agent or Receiver at the usual Place of Residence of such Agent or Receiver, and for the Purposes of this Act such Transmission by the Post to such Applicant, or his known Agent or Receiver, shall be deemed good and sufficient Service of such Certificate and Notice; and if such Applicant shall neglect or refuse to complete such Purchase within Six Calendar Months after the Service of such Certificate and Notice, or within such further Period as shall be specified in such Notice, then and in every such Case such Applicant shall be deemed to have renounced such Purchase, and his Right of Preference thereto; and the said Commissioners shall deduct from the Sum deposited or secured, pursuant to the said recited Acts, by such Person so neglecting or refusing as aforesaid to complete such Purchase, such Sum or Sums of Money as the said Ecclesiastical Commissioners shall find necessary to defray the Expences which they may have incurred in ascertaining the Terms of such Purchase upon his said Application: Provided always, that nothing herein contained shall have the Operation or Effect of interfering with the Right or depriving any Tenant of the Power of calling for and obtaining an Arbitration as provided by the said recited Acts in case he shall be dissatisfied with the Terms of Purchase declared by the said Commissioners; and that in the event of such an Arbitration being called for and proceeded with by the Tenant the said Notice in Writing attached to the Certificate herein-before mentioned shall be set aside, and a new Notice of like Form shall be served on the Tenant by the said Commissioners at any Time after the Award of the Arbitrators who may be chosen shall be declared.
|
