OpenLegislation

Paragraph 4

England and Wales

Power to make regulations with respect to—

(a)

the investment of moneys in the sinking fund and moneys paid to Queen Anne’s Bounty for redemption, and the ascertainment of the share therein of the several benefices and corporations interested;

(b)

the ascertainment, pending the preparation of the scheme to be prepared under this Act, of the sums to be deducted under this Act on account of costs of collection, properly attributable to the several benefices and corporations, and the apportionment of such costs between the several benefices, but so that Queen Anne’s Bounty may, if they think fit, exempt (in whole or in part) from liability to contribute to such costs benefices the total incomes arising from which are shown to the satisfaction of Queen Anne’s Bounty to be less than three hundred pounds, and so that the regulations shall provide for the exemption from the liability to contribute to the cost of collection any benefice where as agent for Queen Anne’s Bounty the incumbent thereof collects the sums payable in respect of the tithe rentcharge held on account of the benefice;

(c)

the periodical disbursement to the persons entitled thereto of the sums received by Queen Anne’s Bounty in respect of property vested in them under this Act.

Notes on the whole Act

Textual amendments

F1

Act repealed (19.11.1998) by 1998 c. 43, s. 1(1), Sch. 1 Pt. II Group2.