Section V Tenants may compound with Treasury for taking off increased Rents within the next Seven Years.
And bee it further enacted by the Authoritie aforesaid That in case any of the Lease-hold or Copyhold Tenants of the said Dutchy shall at any time within Seven yeares next ensueing Compound or Agree with the Lord High Treasurer of England or the Commissioners of the Treasury for the time being or with any such Person or Persons as the Lord High Treasurer or Commissioners of the Treasury for the Time being shall Authorize Nominate and Appoint for the takeing off and Dischargeing of any increased Rent reserved as aforesaid according to such Rules and Directions as in that behalfe shall be given in Writeing under the Hands of the said Lord Treasurer or Commissioners of the Treasury for the Time being Then upon such Composition soe made and the Money thereby ariseing duely paid to the Receiver-Generall of the said Dutchy according to the Tenor and Contents of such Composition and Agreement and accordingly Inrolled before the Auditor of the Premisses from thenceforth such Increased Rents shall cease and become void and the Old Rent onely or such other Rent as in pursuance of this Act shall be Directed in or by such Composition or Agreement shall be Charged upon all and every such Tenements Lands and other Hereditaments for which such Composition Agreement Payment and Inrollment shall be soe made and none other Any Reservation Condition or other Matter whatsoever to the contrary notwithstanding.