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LANDS CLAUSES CONSOLIDATION ACT 1845 - SECT 71

Sums from #20 to #200 to be deposited, or paid to trustees.

71. If such purchase money or compensation shall not amount to the sum of two
hundred pounds, and shall exceed the sum of twenty pounds, the same shall
either be paid [into the Supreme Court], and applied in the manner
herein-before directed with respect to sums amounting to or exceeding two
hundred pounds, or the same may lawfully be paid to two trustees, to be
nominated by the parties entitled to the rents or profits of the lands in
respect whereof the same shall be payable, such nomination to be signified by
writing under the hands of the party so entitled; and in case of the...,
infancy, lunacy, or other incapacity of the parties entitled to such monies,
such nomination, may lawfully be made by their respective..., guardians,
committees, or trustees; but such last-mentioned application of the monies
shall not be made unless the promoters of the undertaking approve thereof, and
of the trustees named for the purpose; and the money so paid to such trustees,
and the produce arising therefrom, shall be by such trustees applied in the
manner herein-before directed with respect to money paid [into the
Supreme Court], but it shall not be necessary to obtain any order of the court
for that purpose.

© 1845 Crown Copyright

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