736 Redemption of Tithe Rentchaege by Annuity. [Nov., 



capital money arising under that Act may be applied, is to 

 have effect as if the modes of such application of capital money 

 included the discharge, purchase or redemption of any appor- 

 tioned part of a tithe redemption annuity charged on the 

 settled land or any part of it, or the discharge of such part 

 as does not represent interest (i.e., the sinking fund portion). 



Section 64 (1) (iv) of the Law of Property Act provides in 

 effect that in addition to the modes authorised by Section 21 

 of the Settled Land Act, 1882, capital money shall be deemed 

 always to have been capable of being applied in the purchase 

 or discharge of an annuity charged under Section 4 of the 

 Tithe Act, 1918, on settled land or any part thereof or in the 

 discharge of such part of any such annuity as does not represent 

 interest. 



It will be observed that these provisions of the recent Act 

 supplement the provisions of Section 2 of the Tithe Annuities 

 Apportionment Act, ^1921, and authorise the application of 

 capital money arising under the Settled Land Acts to un- 

 apportioned annuities. It is also to be noted that though the 

 Law of Property Act does not come into operation until 1925, 

 the provisions as regards the application of capital moneys of 

 settled estates to the purchase or discharge of an annuity or 

 to the discharge of the sinking fund portion of an annuity when 

 they come into operation will be retrospective. 



(9) Preliminary Steps for Redemption by Annuity. — It 



seems not improbable that the alterations in law above referred 

 to may induce many persons interested in settled lands who 

 have hitherto hesitated to redeem by annuity to consider 

 whether they should not now take steps to avail themselves of 

 the facilities now provided for that purpose. 



Landowners who desire to redeem by annuity the tithe rent- 

 charge owned by incumbents of benefices should, in the first 

 instance, communicate with Queen Anne's Bounty, 3, Dean's 

 Yard, Westminster, London, S.W.I. 



In other cases it will usually be convenient for the land- 

 owner to make application for redemption to the Ministry in 

 the usual form No. 157/L.T. in the first instance. He should 

 at the same time send to this Office the usual search charge, 

 which is 5s. if the property does not exceed 10 acres, 10s. if 

 it exceeds 10 acres but does not exceed 30 acres, and a further 

 5s. for every additional 30 acres or part of 30 acres. For 

 example, if the area included in the redemption is 300 acres 



