Section 2 Purchasers not answerable for application of purchase money.

The purchaser or purchasers of any manors, lands, tenements, or hereditaments, sold under the authority of this Act, or any person or persons paying any sum or sums of money under the authority of the same, or in pursuance of any grants to be made by virtue thereof, shall not be bound to see to the application or be answerable for the misapplication or non-application of the monies paid by them respectively.