Duchy of Cornwall Act 1844

II Mode of carrying Sales into effect.

And be it enacted, That whenever any Contract or Agreement shall have been entered into under the Authority of this Act for the Sale to any Person of any Part or Parts of the Lands or Possessions of the said Duchy, the Purchaser, in case the Purchase Money shall amount to the Sum of Two hundred Pounds, shall pay or cause the same to be paid into the Bank of England; and the Cashiers of the Bank of England, or One of them, shall, upon the Production of any Note signed by the Receiver General of the said Duchy or by the Secretary of the said Council, specifying the Sum to be so paid, and that it is to be so paid to the Account of the Duke of Cornwall, accept and receive the same, and carry the same to the Account of the Duke of Cornwall (which Account the Governor and Directors of the Bank of England are hereby required to open), and give a Receipt for the same, without Fee or Reward; but if such Purchase Money shall not amount to the Sum of Two hundred Pounds the Purchaser may, at his Option, either pay the same into the Bank of England, to be applied as aforesaid, in which Case the Cashiers of the Bank of England, or One of them, shall accept and give a Receipt for the same as aforesaid, or into the Hands of the Receiver General of the said Duchy, or of any Receiver or Agent to be appointed for that Purpose by the Council of His said Royal Highness ; and the said Council shall, on the Production of the Receipt of the Cashiers or One of the Cashiers of the Bank of England for such Purchase Money, or in case the same shall not amount to Two hundred Pounds, then either on the Production of such Receipt, or on the Payment to the said Receiver General, Receiver or Agent, of such Purchase Money, cause to be executed to the Purchaser or Purchasers a Conveyance under the Great or Privy Seal of His said Royal Highness of the Premises agreed to be sold, and cause a Receipt or Acknowledgment to be given for the Purchase Money under the Hands of the Receiver General of the said Duchy ; and every such Conveyance and Receipt may be according to the Forms for those Purposes respectively set forth in the Second Schedule to this Act annexed, or in any other Forms which may be deemed more convenient; and every such Conveyance shall be valid and sufficient to pass all the Estate, Right, and Interest of His said Royal Highness, His Heirs and Successors, in and to the Part to which the same shall relate, of the Lands and Possessions of the said Duchy, to the Person therein named as the Grantee, for such Estate or Estates, to such Uses, and upon and for such Trusts, Interests, and Purposes, (if any,) as shall in and by such Conveyance, or by reference therein, or any other Instrument or Deed, be expressed or declared of or concerning the same.