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Application of Purchase Money not exceeding 200l. and not less than 20l.
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XXVI. And be it enacted, That if any Money so agreed, awarded, or adjudged to be paid for the Purchase of or as Compensation for the Injury to any Lands, Tenements, or Hereditaments required to be taken or used for the Purposes of this Act, or any Portion of such Money, shall belong to any Corporation, or to any Person or Persons under any Disability or Incapacity as aforesaid, and shall not exceed the Sum of Two hundred Pounds or be less than Twenty Pounds, then and in all such Cases the said Money, or such Portion thereof, shall, at the Option of the Person or Persons entitled for the Time being to the Rents and Profits of the said Lands, Tenements, or Hereditaments, or of his or their Guardian or Guardians, Committee or Committees, in case of Infancy or Lunacy, to be signified under their respective Hands, be paid into or lodged in the Bank of Ireland in the Name and with the Privity of the said Accountant General of the Court of Chancery, and be placed to his, her or their Account as aforesaid, in order to be applied in manner herein-before directed; or otherwise the said Money, or such Portion thereof, shall be paid, at the like Option, to Two Trustees, to be nominated by the Person or Persons making Option, such Nomination to be signified in Writing under the Hands of the Nominating Parties, in order that such Money, or such Portion thereof, may be applied in such Manner as herein-before directed, so far as the Case be applicable, without obtaining or being required to obtain an Order of a Master of Chancery.
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