Section 20 Amendment of provisions of 8 & 9 Geo. 5. c. 54, as to redemption of tithe rentcharge.

Subsection (2) of section four of the Tithe Act, 1918, shall have effect as if sixty years were substituted for fifty years as the maximum period of the duration of an annuity in discharge of the consideration money for the redemption of tithe rentcharge, and as if for the words “after payment of the first instalment of the annuity” there were substituted the words “as from the date on which the annuity commences.”

Where any such annuity is vested in Queen Anne’s Bounty then, for the purposes of subsection (3) of section one hundred and ninety-one of the M1Law of Property Act, 1925, Queen Anne’s Bounty shall be deemed to be empowered to give an absolute discharge for the capital value of the annuity.

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