Section 9 Consideration money, in case of owners under disability, how payable.C2C1

In all other cases in which the person for the time being entitled to any rent-charge or apportioned rent-charge subject to be redeemed under the provisions of this Act shall be only entitled thereto for a limited estate or interest therein, or shall be under any disability, or shall be a corporation not authorized to make an absolute sale of such rent-charge otherwise than under the provisions of this Act, the consideration money to be paid for the redemption thereof shall be applied in manner hereafter provided; (that is to say,) shall, at the option of the person for the time being entitled as aforesaid; F1be paid into the Supreme Court in order that it may be applied to some one or more of the following purposes; (that is to say,) in the purchase or redemption of the land tax, or the discharge of any debt or incumbrance affecting the rent-charge in respect of which such money shall have been paid, or the tithes for which the same shall have been substituted, or affecting other hereditaments settled therewith, to the same or the like uses, trusts, or purposes; or in the purchase of other lands, to be conveyed, limited, and settled upon the like uses, trusts, purposes, and in the same manner, as the rent-charge for redemption of which such money shall have been paid stood settled; or in payment to any party becoming absolutely entitled to such money; and such money may be so applied as aforesaid upon an Order of the Court of Chancery made on the petition of the party who would have been entitled to the receipt of the rent-charge in respect of which such money shall have been deposited; and if, before it is so applied, it is F2invested under section 38 of the Administration of Justice Act 1982, the dividends thereof shall be paid to the party who would for the time being have been entitled to the rent-charge in case the same had not been redeemed, or otherwise such consideration money may be paid, at the like option of the person for the time being so entitled, to the trustees acting under the will, conveyance, or settlement under which such person having such limited interest shall be entitled to or interested in such rent-charge, or if there are no such trustees, then into the hands of trustees to be nominated under the hands and seal of the said commissioners; and the money, when so paid to such trustees, shall be applied by the said trustees, with the consent of the said commissioners, in the manner herein-before directed concerning any money to be paid into the Supreme Court; and upon every vacancy in the office of such trustee some other fit person shall be appointed by the said commissioners in like manner.