OpenLegislation

Section X Recital that several Nominees on Purchases of Annuities under former Acts were dead, who at the Time of Purchase were supposed to be living.

Original text. Later amendments are not shown.

Such Purchasers, on delivering up of the Tallies for such Annuities, to; receive other Tallies or Orders, as herein mentioned, by Warrant from the Treasury.

And whereas severall Persons have purchased upon former Acts severall Annuities which were respectively to take effect after one Life then supposed to be in being for the Remainder of the said Terme of Ninety X1& six Yeares and at the time of the Purchase of such Annuities some of the Nominees upon whose Lives such Annuities depended or were supposed to depend or expect were actually dead but not knowne to be soe Bee it enacted by the Authority aforesaid That in Case it shall appeare to the Lord High Treasurer of England or the Commissioners of His Majesties Treasury for the time being or any Three or more of them that any such Reversionary Annuity hath been soe purchased as aforesaid and at the Time of such respective Purchase the Nominee or Nominees upon whose Life or Lives such Reversion or Reversions did depend or were supposed to depend or expect was or were actually dead that then and in such Case the respective Person or Persons that have soe purchased such Reversion or Reversions and his her or their Assignees thereof respectively upon delivering up of the Talleys and Orders for such respective Reversionary Annuities to the Officers of His Majesties Exchequer shall in lieu thereof there receive from them by Warrant or Order from the said Lord High Treasurer or Commissioners of the Treasury for the Time being as aforesaid who are hereby impowered to grant the same one or more Talleys or Orders for the like Reversion of the same Yearely Summe or Annuity as is mentioned in such Talleys or Orders soe to be delivered up expectant and to commence upon the Death of a Nominee and Nominees who shall be then actually living Any thing in this or any former Act or Acts of Parliament contained to the contrary notwithstanding

Annotations

Editorial notes

X1

interlined on the Roll.