Section II For what Terms or Times.

Not dispunishable of Waste.; Ancient Rent, &c. to be reserved.; Where no Rent was payable, then a reasonable Rent.

Provided alwayes That every such Lease or Grant soe made or to be made be not made for more then one, two or three Lives in Possession, or for thirty one yeares or under, or for some terme of yeares determinable upon one two or three Lives and not above. And if such Leases and Grants be made in Reversion or Expectancy That then the same together with the Estates in Possession doe not exceede three Lives or the terme of thirty and one yeares, and not in any wise dispunishable of Waste, and soe as upon every such Lease shall be reserved the auntient or most usuall Rent or more, or such Rent as hath beene reserved, yeilded or paid for the same Lands for the greater part of twenty yeares next before the makeing of the said Leases, and shall be reserved due and payable to him or them that shall have the Inheritance or other Estate of the said Dutchy, And where noe such Rent hath beene reserved or payable That then upon every such Lease there shall be reserved a reasonable Rent not being under the twentieth part of the cleare yearely value of the Parks, Lands Tenements or Hereditaments contained in such Lease, and all Leases and Grants otherwise made or to be made shall be null and void.