Section 1 Monies for sales under said Act payable by way of annual chief rent, &c. not subject to sect. 2 of said Act.C1

The monies which in respect of any sale effected under the said Act shall become due and payable by way of perpetual annual chief or other rent or rentcharge shall not be subject to the provisions contained in the second section of the same Act, which require that all monies which may become payable in respect of sales under “the Ecclesiastical Leasing Acts” shall be paid to the F1Church Commissioners, to be invested and dealt with as contemplated by the said section.